China Concludes First Advance Pricing Arrangement Involving Chinese-Headquartered Multinational
March 19, 2012 in WTO Reporter
China recently entered into its first advance pricing arrangement with a Chinese multinational, according to a Shanghai practitioner.
Spencer Chong of PricewaterhouseCoopers said March 8 that the recently executed APA covered a related-party transaction between the Chinese company, headquartered in Jiangsu Province, and its related-party distributor in Europe.
