Thank you for using the TP requirements – online verifier. Please find below the result of the simulation of your new transfer pricing documentation requirements determined on the basis of your answers.
Should you have any further questions or require more comprehensive analysis of the flows and relationships between entities belonging to the group, please do not hesitate to contact us directly. Prior analysis often allows not only to limit the administrative obligations but also to manage the risk of disclosure of company’s sensitive information, which may not necessarily be subject to the new requirements*.
|The Scope of requirements (the value threshold criterion)|
|1. Transfer pricing documentation for transactions / other events exceeding the documentation thresholds (Local File) – Art. 9a sec. 1-1e, sec. 2b of the CIT Act|
|2. Statement confirming the preparation of tax documentation by the deadline specified for submission of the annual tax return – Art. 9a sec. 7 of the CIT Act|
|3. Benchmarking analysis for transactions / other events exceeding the documentation thresholds – Art. 9 sec. 2b-2c of the CIT Act|
|4. Simplified report on the execution of transactions / other events occurring between the related entities (CIT-TP) – Art. 27 sec. 5 of the CIT Act
(NOTE: simulation made based on the data from the previous tax year. The obligation for CIT-TP arises when in the given tax year revenue or costs exceed EUR 10 million).
|5. Master File – Art. 9a sec. 2d of the CIT Act|
+ – Requirements arise
– – No requirements
This report is provided for reference purposes only and does not constitute legal or tax advice. Crido Taxand assumes no responsibility for the User’s reliance on the results of the simulation without seeking professional tax advice at first.
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* – Please note that our tool does not cover requirements related to the country-by-country reporting.