Management of year-end transfer pricing adjustments, introduction of new transfer pricing reporting obligation
Year-end TP adjustment - Reporting
In addition, the Summer Tax Bill package also provides that taxpayers subject to transfer pricing documentation will also be obliged to submit a transfer pricing related report as part of the annual corporate income tax return. The details are to be laid down in Decree 32/2017 of the Ministry for National Economy, the draft version of which was recently released by the Ministry of Finance, calling for opinions from the public. The opinions may be submitted by December 17.
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