Practical aspects of documenting transfer pricing

Being prepared for the possibility of a transfer pricing audit is a particularly important consideration for today’s companies. In Romania, the number of these audits has increased significantly in recent years, the interest of tax authorities being to reduce losses and increase the profitability of controlled companies.

A preventive approach and voluntary compliance are beneficial to taxpayers when it comes to transfer pricing. Prevention means risk assessment, proper documentation preparation, and transparency in how transfer pricing is set.

For more information: https://home.kpmg.com/ro/en/home/events/2018/02/aspecte-practice-documentarea-preturilor-transfer.html