Next round of TP inspections due for Czech Republic
The Czech Republic’s Specialized Tax Authority has announced, via its website, a new round of transfer pricing inspections. The inspections are due to begin this month.
The first inspections were carried out in February this
Those to be inspected will, in part, be chosen based on questionnaires taxpayers submitted alongside their tax returns. In 2014 these questionnaires became compulsory for companies with either
The authorities may use other criteria as well.
“Other examples could be companies in a loss position for several taxable periods but there are plenty of others,” said Daniel Szmaragowski of KPMG.