Transfer pricing
As well as around the world, transfer pricing is one of the priority fields of tax investigations, its growing significance is proved by the dramatic increase in tax penalties from this year.
Taxpayers do not only have to pay attention to be compliant with the arm’s length principle, but they are also obliged to prepare documents in accordance with the Act whose rules were significantly modified as of 2012. However, transfer pricing is not only an obligation, but it is also a great opportunity for tax optimization that is worth making use of by business entities.
Mazars' advisors have years of experience in all fields of transfer pricing, including transfer pricing documentation, comments, pricing of future transactions, supporting of tax investigations and also the representation in legal cases in transfer pricing.
Transfer pricing services:
Planning
- Well-designed pricing practices by which the chance of debates with the authorities can be lowered, double taxation can be avoided and taxation can be optimized at group level
- Participation in the procedures related to the determination of the arm’s length price by the tax authority, assistance, preparation of the relevant documents, countersignature
- Mapping and management of transfer pricing risks
Preparation of transfer pricing documents
- Revision of previously prepared documents, commenting from the point of view of Hungarian tax considerations;
- Preparation of documents, completion and documentation of sub-processes;
- Updating documents;
- Preparation of country-specific file and master file;
- Preparation of benchmarking analyses;
- Preparation and submission of APA (Advanced Pricing Arrangement);
- Preparation of documents aligned with the regulations of other countries
- Preparation of legal documents of the relevant contractual background
Settlement of disputes
- Advising in official and court cases related to transfer pricing
- Representation in court cases
If you eant to know more about our Transfer pricing services, please read our product sheet and our actual "Transfer Pricing Services" brochure in English.
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Transfer Pricing databases from Mazars
Rapid, online identification and comparison of Transfer Pricing regulations in more than 50 countries collected by Mazars.
Drágul és szigorodik a transzferárazás
Jelentős szigorítások, új adatszolgáltatási kötelezettség és jelentősen emelkedő bírság- és eljárási díjtételek – ez a transzferárazást érintő változások címszavas összefoglalója a 2023-as költségvetési javaslatban, derül ki a Mazars legfrissebb összefoglalójából.
Transzferár- nyilvántartások megfelelő kezelése
A könnyítések ellenére precízen kell elkészíteni a 2019-es dokumentációt, áll a Mazars Kft. 2020. június 16-án kiadott sajtóközleményében.
Transzferár nyilvántartások elkészítése 2019
Közeledik a május 31-i elkészítési határidő, és minden érintett cégnek az új, bonyolultabb követelményeket kell követnie, áll a Mazars Kft. 2019. április 17-én kiadott sajtóközleményében.
Contact
Szmicsek Sandor Senior Partner, Tax and Legal Services - Budapest
Nagy Gabriella Head of International Transfer Pricing Center - Budapest
New transfer pricing disclosure obligation
From January 1, 2023, a new disclosure obligation will apply to those taxpayers subject to transfer pricing documentation obligation. The new disclosure obligation shall be completed as part of the complemented 29 and 29EUD forms serving for the purposes of corporate income tax return.
Country by Country reporting 2021
Mazars- Country by country reporting 2021 - a collection of local CbC report requirements across jurisdictions.
Transfer Pricing Rules 2021
Mazars- Transfer Pricing Rules 2021 – the collection of local country transfer pricing requirements across jurisdictions.