Post by account_disabled on Mar 14, 2024 2:19:13 GMT -6
That in the forms submitted for previous tax years. The taxpayer must provide a number of detailed information, including the company conducting the controlled transaction and the ongoing transaction, including general financial information about the entity submitting the information, information about related entities and controlled transactions, and information about the transfer method and price of the controlled transaction. . For example, as part of the general financial information of the entity that will be submitted, it is necessary to indicate, inter alia, the values of financial indicators that measure the position of the entity. The Regulations of the Minister of Finance on Transfer Price Information in the Field of Corporate Income Tax.
The Explanation of the Annex to the Law Journal of 2016, item 1, details what indicators will be provided in this Regulation. For entities other than bancassurance and reinsurance companies, it is operating profit margin, gross profit margin, assets. rate of return and return on equity. Therefore, through the information contained in the declaration, the tax authorities will obtain a large amount of data on entities AWB Directory operating in a specific industry. A number of consultations took place due to the significance of the reporting-related changes and the fact that entities will be obliged to file new returns for financial years beginning after . form. In addition, a draft interactive transfer pricing information form was released and the content.
Form of the draft were discussed during the 8th Transfer Pricing Forum. Treasury's Answers to Taxpayers' Most Frequently Asked Questions Document Transfer Pricing Information Q&A Year Month Treasury Published on Year Month Day. The document presents questions and answers grouped into sections corresponding to subsequent elements of the form. In the above-mentioned document taxpayers will find answers to general questions about the obligation to submit transfer price information as well as an explanation of which entities are obliged to submit declarations and who is obliged to submit declarations on behalf of these entities. The subsequent sections of the document deal with transactions covered by reporting obligations.
The Explanation of the Annex to the Law Journal of 2016, item 1, details what indicators will be provided in this Regulation. For entities other than bancassurance and reinsurance companies, it is operating profit margin, gross profit margin, assets. rate of return and return on equity. Therefore, through the information contained in the declaration, the tax authorities will obtain a large amount of data on entities AWB Directory operating in a specific industry. A number of consultations took place due to the significance of the reporting-related changes and the fact that entities will be obliged to file new returns for financial years beginning after . form. In addition, a draft interactive transfer pricing information form was released and the content.
Form of the draft were discussed during the 8th Transfer Pricing Forum. Treasury's Answers to Taxpayers' Most Frequently Asked Questions Document Transfer Pricing Information Q&A Year Month Treasury Published on Year Month Day. The document presents questions and answers grouped into sections corresponding to subsequent elements of the form. In the above-mentioned document taxpayers will find answers to general questions about the obligation to submit transfer price information as well as an explanation of which entities are obliged to submit declarations and who is obliged to submit declarations on behalf of these entities. The subsequent sections of the document deal with transactions covered by reporting obligations.