Transfer pricing provisions applicable for 2013

On 14 March 2014, the Tax Administration Service issued an official statement to confirm that transfer pricing provisions, temporarily suspended as from 21 December 2013, were applicable for the period between 1 January 2013 and 20 December 2013. As a consequence, all cross-border transactions carried out with related parties by taxpayers subject to tax under the general tax regime, or the optional tax regime during such period, are subject to transfer pricing provisions. The tax authority may r…