Transfer Pricing / All

The 2012 Tax Reform does not include major changes in transfer pricing areas, although it has some important changes in tax investigation procedures in general

As of 1 January 2013 the legislation requires a written transfer pricing study with specific information included, if a taxpayer’s annual net turnover exceeds 1.43 million Euros (EUR) and intra-group transactions undertaken exceed EUR14,300.

Transfer pricing rules were implemented in Lithuania in 2004.

The Malaysian tax authority is serious about implementing and monitoring transfer pricing compliance.

Mexico has been very active in transfer pricing.

Transfer pricing rules have been present for more than a decade in Montenegrin Corporate Income Tax (CIT) Law

Namibia introduced transfer pricing legislation on 14 May 2005.

The Dutch Tax Authorities intend to adhere to the Organisation for Economic Co-operation and Development (OECD) Guidelines and Base Erosion and Profit Shifting (BEPS) work plan/initiative.

The focus on transfer pricing in Norway remains strong.