Our experts assist clients in preparing transfer pricing documentation procedures designed to minimise tax risk and ensure that the mandatory obligation for associated enterprises to prepare such documentation is fulfilled in a time- and cost-efficient manner.
The outcome of the services provided is to enable staff at the capital group’s head office to independently carry out their duties relating to the documentation of transactions with related parties and to manage this area within the capital group.
The process of drawing up the procedure for documenting transactions includes at least the following points:
- an analysis of data relating to transactions carried out historically and on an ongoing basis,
- an analysis of transactions that may occur in the future,
- the development of an effective system for documenting transactions with related parties (including the classification of transactions by type, risk involved, difficulty of preparation, etc.),
- the development of editable tax documentation templates in Word or Excel format,
- preparation of examples of documentation for identified transactions,
- preparation of instructions on how to complete the documentation,
- in-house training for head office staff on preparing documentation
and many other measures aimed at ensuring the proper functioning of the transfer pricing documentation management procedure. We would be happy to provide detailed information on the transfer pricing documentation procedure. Please feel free to contact our advisors.