Preparation of Notification Document of Transfer Pricing
If the total amount of all controlled transactions of the taxpayer during the tax year exceeds the threshold of 200 million drams (excluding VAT and excise tax) defined by Part 5 of Article 363 of the Code, the taxpayer is obliged to notify the tax authority of the controlled transactions.
Note: BDO Armenia urges and recommends to start preparing the notification document, as well as the documentation package during the year, and not in the beginning of the next year. It will also be useful for adjusting/preventing the undesirable tax consequences/tax bases.
BDO Armenia’s team is ready to assist your organization in extracting the list of required data and developing the work technology (including all clarifications and explanations related to them).