Transfer Pricing Requirements in Spain after BEPS implementations

Report

Transfer Pricing Requirements in Spain after BEPS implementations

In the wake of the global economic crisis, G20 leaders commissioned the OECD to develop a 15 Action Plan to combat Tax Base Erosion and Benefit Shifting (BEPS) in the field of international taxation.

The G20/OECD BEPS Project has substantially changed the transfer pricing rules of the game

  1. Get to know all the transfer pricing obligations applicable in Spain as a result of the implementation of the BEPS Project
  2. Is my company required to submit the Country-by-Country Report (CbCr)? What is the content of the new transfer pricing masterfile?
  3. From 2016 onwards, your company must comply with new obligations to document and report related-party transactions