Transfer pricing is the process of pricing goods, services or assets by transfer between related parties, such as a parent company and its subsidiary. From January 1, 2015, every business entity whose financial and commercial transactions are carried out between dependent persons (economically, personnel, capital or otherwise connected) must keep transfer documentation.
It also refers to transactions between dependent persons as controlled transactions. Preparation of transfer documentation is mandatory for both foreign dependents and domestic dependents.
Our company provides transfer pricing services that include:
Our experts evaluate market conditions and prices for similar products and services to determine a fair transfer price.
Our experts analyze the financial and economic data related to the transaction to determine the fair value of the transfer.
Our experts determine the optimal transfer price list based on the results of market analysis and financial data.
If necessary, we can also provide our clients with changes in the set of data, facts and arguments that serve as the burden of proof for controlled transactions. The main goal of the transfer documentation is to demonstrate and clarify the way in which the tax subject set prices in control transactions between dependent persons.
The aim is therefore to demonstrate that the prices used to value control transactions are based on the principle of an independent relationship. The tax office can at any time invite the taxpayer to submit transfer documentation for the transfer pricing method used.
All micro accounting units, natural person taxpayers and those who carry out domestic controlled transactions are required to keep abbreviated documentation. Taxpayers carrying out controlled foreign transactions or transactions with permanent foreign establishments are required to keep basic documentation in one register.
We also provide transfer pricing audit services, which ensure proper implementation and compliance with transfer price lists.
Our experts have extensive experience in the field of transfer pricing and are able to provide our clients with quality and reliable services in this area. If you need advice in this area, do not hesitate to contact us.