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In case that a company has transactions with foreign group companies, the company must bind and secure to its corporate tax return producing information on the foreign group company and details of the transactions as listed below;

 

   1.Information about foreign group companies

  • name
  • main business
  • address of head office
  • amount of stated capital
  • amount of earned surplus
  • total number of employees
  • percentage of shareholding relationship of foreign group companies
  • operating revenue and expenses, operating profits and profits before tax of the previous year
  • categorization of foreign group companies by nature of relationship

    2.Transfer pricing method about transactions with foreign group companies

  • total amount of sales or purchases of inventories
  • payment or receipt of compensation for services
  • rental fees receipt and payment for tangible assets
  • royalties payment or receipt for intangible assets
  • interest payment or receipt on loans