Subscribe to our monthly Newsletter
Evidentiary requirements under Transfer Pricing. (TP Newsletter)
When taxpayers make claim for any costs/expenses in a self-assessment tax return. It is required that the costs are adequately substantiated before they can be claimed for tax deductibility purpose. The onus of proof must be substantiated to the satisfaction of the board by the taxpayers, if required in a tax audit or investigation.
© copyright 2023. All RIghts Reserved