Amendments ad additions to the Law on Profit Tax (Official Gazette of RS 25/2001 ... 47/2013) from December 2012 made significant changes in the field of transfer pricing. Among other things, Article 60 prescribes the obligation of a company that has connected (legal or natural) persons to submit a Transfer Pricing Study with the tax balance for 2013.
On July 20, 2013, the Ordinance on Transfer Pricing and Methods, which based on the "out of reach" principle, are applied when determining the price of transactions between connected parties (Official Gazette of RS 61/2013), which additionally regulates this liability.
The tax authorities have announced an increased control of this tax liability in the upcoming period.
Having in mind the importance of the legal liability, but also complexity and delicacy of this issue which directs business companies to cooperate with external consultants, we recommend ourselves as experts who can help you.
If you consider that you have an interest for cooperation, feel free to contact us, and we will be pleased to provide you with more information on our references and methodology, and at your request, submit an offer for the preparation of the report.
