Transfer pricing has long been one of the main topics of tax audits in the Czech Republic and the examination of transfer pricing settings is a strategic priority from the point of view of the Czech Financial Administration. The Czech Financial Administration is constantly intensifying and focusing its attention on this area, and it is quite clear from the draft policy statement of the new government that this trend will continue – and that the pressure on audits of transfer pricing settings will therefore continue to grow.
However, this is not only a major topic in the Czech Republic, but transfer pricing also plays a leading role on a global scale. Therefore, do not miss our report, which describes in detail how the tax authorities approach tax audits within the Central and Eastern European region. You will learn a number of local specifics that can be expected in a transfer pricing audit. For example, that the Czech Republic is a country where transfer pricing audits can take a disproportionately long time compared to other countries. You will also find out how to prepare for transfer pricing audits, both in individual countries and in general, and which aspects should not be underestimated during the audit (e.g. constructive dialogue and open communication with tax authorities).
The report reveals the situation in individual countries, including the Czech Republic, and indicates that transparent documentation management and active communication are the key to success.
You can read the full report on our website.
Seminars, webcasts, business breakfasts and other events organized by Deloitte.
