If the comparison of prices or profitability in a controlled transaction is carried out with prices or profitability indicators of two or more comparable uncontrolled transactions or legal entities that do not deal with related parties, the price range (profitability) has to be used. If the number of comparable uncontrolled transactions or legal entities that [...]
If taxpayer fails to provide the transfer pricing documentation or additional information within 30 calendar days from the date indicated by the postal service in the notice of delivery with indication of the reasons for non-delivery of the respective request, the penalty will be applied to the taxpayer in accordance with paragraph 120.3 of the [...]
July, 2017 Many companies subordinate their activities to internal business processes, which can improve the quality of the work performed, in addition to making it convenient to control the individual processes within the company. The solutions offered through the 1C platform also entails a mechanism for constructing and managing business processes. The main advantages of [...]
The Act of price verification issued by the State Research and Information Center for Monitoring International Commodity Markets, which certifies the compliance of contract prices with market conditions, cannot be used to confirm the compliance of the controlled transactions' conditions with the arm's length principle. Read more...