Finance Ministry's representatives have published an article with first statistics based on transfer pricing reporting (form TPR) for 2019.
The article concludes with recommendations as to future changes in law. The authors recommend considering medium-term efforts to ensure the digital transformation of TP filings and the integration of local file documentation with TRP report. A taxpayer would then submit a single electronic document combining elements of local file and TRP report.
We would remind you that there are proposed tax changes, currently in the public consultation process, intended to integrate the TRP report and the Local File documentation representation. This will probably result in the requirement to have TRP reports signed by taxpayer's management board members according to representation.
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