The Transfer Pricing filing season is here again – 10 things that can help you avoid the stiff penalties

If you are a taxpayer with a 31 December year-end, the deadline for filing your TP returns and having your TP documentation in place is 30 June 2022. If you don’t get things right, you could face relatively stiff penalties. You can however avoid these if you are: aware of the requirements of the law; and mindful of some of the practical challenges that come up during the filing process.

Here are Things to keep in mind as we get into the filing season:

• You need to register on the TP Filing Platform 
• TP disclosure forms should be filed annually

Find out more in our tax alert below:

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