The Law “On Transfer Pricing” states that large taxpayers (per the list of the largest taxpayers and involved in export import transactions) are subject to monitoring and required to submit an annual report to the tax authorities in this regard. The monitoring report should be submitted not later than May 15 of the year following the reporting year.
Given the current limitations on movement, the deadline for submission of TP monitoring reports for large taxpayers for 2019 has been extended to 15 July 2020, if submitted electronically. The 15 May deadline remains for any hard copy submission.
Monitoring reports should be prepared in a prescribed tabular format (forms 000.10 and 000.20) disclosing detailed data on a transaction by transaction basis
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