Regulations Governing Assessment of Profit-Seeking Enterprise Income Tax on Non-Arm's-Length Transfer Pricing Article 30

For the transactions conducted meeting the provisions of the agreement and complying with the terms of the agreement during the effective period of advance pricing arrangement, the collection authorities-in-charge shall assess the taxable income in accordance with the Arm's-length Method and the result described in the arrangement. In the event that there is a violation or incompliance with the terms of the arrangement, the collection authorities-in-charge are entitled not to follow the terms stipulated in the arrangement and conduct an investigation in accordance with these Assessment Regulations.The arrangement shall be deemed void retroactively if the Applicant conceals material matters, provides misleading information, or is involved in fraud or unlawful conducts.