Tuesday, 18 April 2017

Increase in transfer pricing tax audits in the Czech Republic

In recent years, the number of tax audits focused on transfer pricing and the amounts of the resulting tax adjustments have skyrocketed in the Czech Republic. This largely has been caused by the Czech Tax Administration’s systematic risk assessments, which are subsequently used to select taxpayers for transfer pricing audits. With country-by-country reporting on the way and transfer pricing in the spotlight, the figures are expected to escalate further.
Source & more info: PwC