On 27 October 2023, the Finance Ministry posted an on-line notice that they are working to extend the time to file the transfer pricing report (form TPR-C) for 2022. It suggests that the due date for the filing will be moved by as many as three months to 29 February 2024 (for taxpayers whose tax years coincide with the calendar year).
Internal discussions are currently underway in the Ministry on the related legislative proposal which is supposed to be published next week for external consultations.
According to the notice, the proposal to reschedule the due date for TPR filing is the result of inquiries sent to the Ministry concerning the approaching deadline and the availability of an on-line form which allows the filing to be made via electronic communication tools.
We will keep you updated on the progress of this legislation in the Finance Ministry.
If this issue pertains to your business and you are interested in our assistance, please contact us.
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