Ruling on Corporate Guarantee & SBLC: Major Relief in Transfer Pricing marks an important development for multinational groups. The ruling clarifies that corporate guarantees and SBLCs provided to associated enterprises involve limited risk and cannot be benchmarked at par with bank guarantees. It reinforces the need to assess real economic substance and actual benefits before making ... https://www.skmcglobal.com/blog/ruling-on-corporate-guarantee-sblc-major-relief-in-transfer-pricing