UK introduces new requirements for TP documentation
The UK has always had a broad documentation requirement. However, in the area of transfer pricing, there were no specific documentation requirements in the past.
Cyprus introduces new transfer pricing legislation
On 30 June 2022, Cyprus has made amendments to their TP legislation. The legislation will take effect, after publication in the Offical Gazette of the Republic, retroactively on 1 January 2022.
Business case: how to handle your transfer pricing compliance burden with a small tax team?
This week we have a case study about relatively small tax teams in comparison to their tax compliance burden and how to maintain transfer pricing compliance in a pragmatic and time efficient way.
How to not stress about Transfer Pricing compliance.
Many tax teams still handle their transfer pricing compliance on a project basis, mainly focusing on formal deadlines. Starting a given period before the formal deadline passes, but not always considering other active processes (closings, holidays, internal availability of local
Transfer pricing documentation update – time well spent?
After BEPS action 13 was launched most multinational enterprises (‘MNEs’) experienced an increase in their transfer pricing (‘TP’) compliance burden. Local tax authorities focused on collecting information more than ever.
Managing your transfer pricing (compliance) requirements worldwide.
Is your tax team up to date of all transfer pricing (compliance) requirements/legislation? Although this is a very broad question, we distinguish several stages/levels of information.
Business case: how to implement a transfer pricing solution with limited time available?
This week we have a case study about a recurring concern about implementing transfer pricing software when there is only limited time available.