Transfer pricing: a new reporting procedure
Clause 39.4.2 of the TCU: Taxpayers who carried out controlled transactions in the reporting year are required to submit a report on controlled transactions and a notice of participation in an international transaction by October 1 of the year following the reporting year. group of companies.
The report on controlled transactions shall contain information on all controlled transactions carried out by the taxpayer in the reporting period.
If the taxpayer finds that the previously submitted report on controlled transactions information is not provided in full, contains errors or deficiencies, such taxpayer has the right to submit:
If the taxpayer finds that in the previously submitted report on controlled transactions information provided in full, contains errors or deficiencies, such taxpayer has the right to submit:
- a new report before the deadline for submission of reports on controlled transactions for the same reporting period;
- clarifying report in case of its submission after the deadline for the relevant reporting period.