Easier rules for transfer pricing
21. 1. 2013
As of January, 1, 2012 a new direction published by Tax Authority has been in force. It focuses on services with low added value provided among related parties. The direction includes especially administrative, financial and consulting services whose total amount doesn’t exceed 10% of supplier’s turnover as well as 50 Mio CZK, and 20% of operational costs and 50 Mio CZK as well of the purchaser. The aim of the directive is to ease the administrative burden when proving settings of transfer pricing concerning above mentioned services.