We are pleased to let you know that as WTS&SAJA we have been involved in consulting draft FAQ on forms TPR-C and TPR-P for 2019. The document, which was published by the Finance Ministry, contains 88 questions and answers intended to make it easier for taxpayers to file their transfer pricing disclosures.
Among various matters discussed, the Finance Ministry elaborated on how to calculate profit level indicators in part D of the form, how to categorise transactions and how to fill in various fields for financial transactions. Attention was also drawn to Part F Additional Information, which offers space for comments and additional information on disclosures made elsewhere in the form.
In addition, we raised technical comments on the interactive on-line form TPR and the errors identified by us have been eliminated.
We will let you know once the Ministry publishes the final version of its FAQ document. The current draft is available on their website at:
If these issues pertain to your business and you are interested in our assistance, please contact us.
This blog post is provided for general information purposes to keep you up-to-date with changes in tax law, tax rulings by authorities, case law of courts and interesting commentaries. Doradztwo Podatkowe WTS&SAJA shall not be held legally liable for any acts or omissions resulting from reliance on such information.