Russia Clarifies Requirement to Include Transfer Pricing Method in Notification of Controlled Transactions
Russia Federal Tax Service (FTS) has issued Letter No. ШЮ-4-13/2827@ of 13 March 2025, concerning the notification of controlled transactions. The letter clarifies that from 2024, it is mandatory for taxpayers to disclose as part of the notification the transfer pricing method used to justify the arm's length (market) price of a controlled transaction. Further, it is clarified that the transfer…
Continue Reading