BUSINESS

Will the price-valuation rules change in the near future?

Business, Lawalliance Limited Company, Published on 22/09/2015

» Ever since Section 65 bis and Section 65 ter of the Revenue Code were created, most transactions, unless excluded from the tax regime, have been subject to tax based on transaction value. However, the law rarely accepts a transaction value lower than the "market value" and allows authorities to assess additional tax based on "imputed revenue", which is on a par with the market value.