In message <[email protected]>, dated Fri, 1 Mar 2013, Peter Tarver <[email protected]> writes:

In case you haven't seen it yet, an NRTL/SCC lab has instituted invoicing practices where factory product audits will be billed separately for every global region from a financial entity in that region. Your companies will be burdened with having to add additional suppliers to your financial systems in order to pay invoices originating from these international subsidiaries in the local currencies.

I suspect that this practice will become very common, as governments try to prevent tax avoidance. It is currently common practice to invoice everything from a subsidiary in a low-tax country and balance the P/Ls of the other subsidiaries by internal accounting means that do not attract tax.
--
OOO - Own Opinions Only. See www.jmwa.demon.co.uk
SHOCK HORROR! Dinosaur-like DNA found in chicken and turkey meals
John Woodgate, J M Woodgate and Associates, Rayleigh, Essex UK

-
----------------------------------------------------------------
This message is from the IEEE Product Safety Engineering Society emc-pstc discussion 
list. To post a message to the list, send your e-mail to <[email protected]>

All emc-pstc postings are archived and searchable on the web at:
http://www.ieee-pses.org/emc-pstc.html

Attachments are not permitted but the IEEE PSES Online Communities site at 
http://product-compliance.oc.ieee.org/ can be used for graphics (in well-used 
formats), large files, etc.

Website:  http://www.ieee-pses.org/
Instructions:  http://listserv.ieee.org/request/user-guide.html
List rules: http://www.ieee-pses.org/listrules.html

For help, send mail to the list administrators:
Scott Douglas <[email protected]>
Mike Cantwell <[email protected]>

For policy questions, send mail to:
Jim Bacher:  <[email protected]>
David Heald: <[email protected]>

Reply via email to