New rules regarding transfer pricing
Our clients should be aware of the new rules on submitting transfer pricing documentation. How are you effected by the rules? That depends on your company:
-For those companies whose financial year follows the calendar year, transfer pricing documentation must be submitted for the first time and no later than Monday 29 August 2022.
-For those companies that have staggered financial years, e.g. from 1 July to 30 June, (other than calendar year), the new submission rules do not apply until the 2022 income year.
In short, it is crucial to have a complete overview of
- the rules that apply to the company
- the deadline for submission, and
- contents in detail of the documentation
Read more about the new rules here.
Are you in doubt and want to know more?
If you have any questions regarding the new rules and documentation, you are more than welcome to contact us at Christensen Kjærulff at +4533301515.