Assessing the functions and risks of a company in the light of recent case law
Recently, the administrative courts as well as the Supreme Administrative Court of the Slovak Republic have issued several judgments dealing with the assessment of transfer pricing of the manufacturing companies. These judgments bring new insights…
Parliament approved consolidation package
National Council approved amendments to legislation only 16 days of presentation of a plan for the consolidation of public finances by the representatives of Government of the Slovak Republic.
Germany proposes changes in administrative principles on transfer pricing for intra – group financing
The German Ministry of Finance has published a draft of revised administrative transfer pricing principles on intra-group financing. It clarifies for taxpayers the fundamental changes in the legislation and modifies certain provisions to partially…
Slovak government published draft consolidation package
At a press conference held on 17 September 2024, the representatives of Government of the Slovak Republic presented a plan for the consolidation of public finances.
Parliament approved recreation vouchers also for parents of employees
The provision of a recreation vouchers brings a new option for employees to pass on to a parent. The changes in the use of recreation vouchers are intended to serve as an effective tool to promote tourism in Slovakia.
New transfer pricing regulations for financial transactions and cash-pool in Germany
Multinational enterprises investing in Germany must prepare for tightened rules on intercompany financial transactions. New legal framework brings a distinct approach to interpreting the arm’s length principle.
Did you know there are three types of transfer pricing documentation?
Based on the type and value of a significant controlled transaction, the taxpayer is required to keep transfer pricing documentation in full, basic or simplified scope.
Submission of a transfer pricing documentation for 2023
The Tax Authorities may request the transfer documentation for the year 2023 one day after the tax return filing deadline.