Tag: intercompany loan

Chinese regulators have made it clear from recent actions their priority now is protecting the renminbi rather than making it international.

Both Hong Kong and the OECD have spoken back about HK’s inclusion by the European Commission on a blacklist of non-cooperative tax jurisdictions.

After latest news on OECD’s transfer pricing transparency initiative, treasury consultants warn that compliance burdens will dump a ‘mess’ on Asian RTCs.

The OECD has secured approval from the G20 to launch negotiations between governments on a multilateral instrument to implement tax treaty related transfer pricing measures.

Dutch hydraulic-cylinder maker Hyva transacted its first renminbi inter-company loan from China to its headquarters, completing its application in just two-and-a-half weeks.

Singapore-based energy company Navigat Group has funded a $35 million project to provide power plants in Myanmar through a shareholder loan.

CT's Cash Management Chronicle has been updated with deals between between Bunge and JP Morgan; as well as Hong-Wei and Standard Chartered.

Bunge International Trading, the Chinese arm of a US-headquartered agribusiness company, has completed an RMB cross-border intercompany loan from the Shanghai FTZ.

Hong-Wei Electrical Industry delivered Rmb2 million in loans to its subsidiary in Kunshan, China via Standard Charted through an intercompany loan.

India’s authorised dealers (ADs) reforms to officially allow third-party payments facilitating payment factories are welcomed, with caveats.

A tweak to India’s new companies act may kill off intercompany lending, says treasury consultant David Blair.