Prospects for the use of transfer pricing have been studied
10/09/2021 16:51
Prospects for the use of transfer pricing have been studied
10/09/2021 16:51
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekiston Temir Yullari, in close cooperation with KPMG, one of the Big Four audit companies, continues to work consistently to introduce modern management methods focused on open, transparent and market principles , creating more opportunities for participation in the process of ongoing reforms in the economy of the Republic of Uzbekistan.
For this purpose, from 6 to 9 September with the participation of KPMG experts, a series of webinars dedicated to transfer pricing was organized at Uzbekiston Temir Yullari.
Within the framework of online conferences, experts described the best international experience in the field of transfer pricing, revealed the definitions of the very concepts “transfer price”, “transfer pricing”, “foreign trade controlled transactions” and others. We dwelt in detail on examples that explain tax control in transfer pricing, the right of a taxpayer to independently adjust the tax base.
In conclusion, the experts provided detailed information and recommendations on how to prepare for 2022 - when the new section of the Tax Code of the Republic of Uzbekistan "Tax control in transfer pricing" comes into force.
Work in this direction continues.
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