Time until the end of September for TPR information
Today marks the extended deadline for submitting TPR information to the Treasury. 30 September 2022 is effective for taxpayers for whom the deadline would normally be between 1 January 2022 and 30 June 2022.
The Minister of Finance has extended the deadlines for the submission of transfer pricing information (“TPR information”) and a statement on the preparation of local transfer pricing documentation (“TP statement”):
– until 30 September 2022. – where the deadline is between 1 January 2022 and 30 June 2022,
– by 3 months – where the deadline expires in the period from 1 July 2022 to 31 December 2022.
In addition, in the case of an extension of the deadline for the submission of the statement on the preparation of local transfer pricing documentation, the deadline for the preparation of group transfer pricing documentation was extended to the end of the third month, counting from the day following the day on which the deadline for the submission of this statement expired.
The changes in this respect were intended to make it easier for businesses to comply with their transfer pricing obligations and to align them with the revised deadlines for the preparation and approval of financial statements.