Vietnam Draft Decree on Transfer Pricing

The Vietnamese Ministry of Finance is consulting on a draft decree to update the country's transfer pricing regulations. Some of the main aspects of the draft decree include:

• The definition of related parties, including an increase in the direct or indirect ownership threshold from 20% to 25% and certain other changes;
• Principles and procedures for comparative analysis;
• The acceptable transfer pricing methods, which include:
  • Comparable uncontrolled price method;
  • Resale price method;
  • Cost plu…