The use of transfer pricing databases – NAV communication
The use of transfer pricing databases
Pursuant to Ministerial Decree no. 32/2017 NGM imposing the obligation to maintain transfer pricing documentation, the benchmarking analysis is a mandatory element of the local file. Overall, even before the publication of the communication, a general practice has been established among taxpayers for the preparation of benchmarking analyses, such as the use of databases containing company-level data or the steps followed in the database search, and manual screening has also become a common practice.
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