Tax Appeal Tribunal Clarifies Comparability Analysis in Transfer Pricing Assessments
The recent decision of the Tax Appeal Tribunal in Case No. TAT-CA-B/2023/005 provides significant guidance on the application of transfer pricing principles under Maldivian tax law. In particular, the Tribunal clarified the role of comparability analysis in determining whether a related-party financing arrangement satisfies the arm’s length principle and established a framework for assessing whether […]
