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HST on Inter-Company Transactions

CRA expects financial results to reflect accrual accounting. To comlicate matters further, inter-company transactions and HST are issues that top CRAs list of things to audit. Your client should speak with a certified accountant before you proceed with the bookkeeping for inter-company transactions.…

Intercompany payments between multinational corporations ...

their transactions with their subsidiary and affiliated companies in the country. These multinational corporations: (1) minimize their capital injection into China unless there are clear business objectives that require it; (2) through intercompany payments, as part of their transfer pricing strategy, minimize…