Documentation obligations of companies in accordance with the transfer pricing legislation;

First of all, declaration of related transactions and persons in terms of transaction type, transaction amount and method by filling out the transfer pricing form attached to the corporate tax return,

Subsequently, transactions with related parties should be reported until the Corporate Tax Return period and submitted to the Administration or those authorized to conduct tax inspections upon request.

For companies that have transactions within the scope of transfer pricing, the information on related parties, transactions and the method applied in the transfer pricing form attached to the corporate tax return must be consistent with the explanations made in the annual report.

It is expected that the related parties, transactions and methods specified in the TP form attached to the Corporate Tax Return should also be compatible with the documents to be submitted by the parties subject to the transaction.

The preparation of the report to be submitted to the administration or tax inspection authorities in advance, the appropriateness and consistency of the selected methods with the company’s sector or precedent are evaluated with our professional perspective as a result of the analysis.