Turkey's Revenue Administration has announced the publication of Presidential Decree No. 2151 of 24 February 2020, which amends the country's transfer pricing regulations. This includes the introduction of the three-tier documentation requirements of BEPS Action 13 that apply from the 2019 reporting fiscal year (beginning 1 January 2019):
- A transfer pricing report (Local file) requirement that is generally in line with existing transfer pricing documentation requirements in Turkey, which mu…