The activities of tax administrators have been concentrated, in recent years, on the reviewing of the issues concerning transfer pricing, which holds not only for the Czech Republic, but for other countries as well. Tax administrators all over the world are obtaining on a mandatory basis, from taxpayers, more and more information about their transactions between interrelated persons, and thanks to this, they have always more effective possibilities of their checks.
Our experienced staff members from the Transfer Pricing Department have completed a large number of projects from the field of transfer pricing and they have wide experience connected with defence of transfer prices before tax administrators. The transfer pricing documentation drawn up at a high quality level will mean a significant reduction of potential additional assessments resulting from erroneously determined prices at transactions with interrelated persons.
Our activity in the field of transfer pricing is focused, amongst other things, on:
- Analysis of the current state of determination of transfer prices at transactions with interrelated persons
- Identification of problematic transactions
- Setting up of the transfer pricing methodology (based on generally used methods and support of the Amadeus database)
- Actual preparation of documentation at the level of the leading group member (master file) or a local entity (local file)