transfer pricing

The list of documents to be submitted by companies in the Information and Dossier on Transfer Prices will be updated and clarified to make the requirements more specific and their interpretation uniform.

The State Tax Service has set up a separate unit to implement a transfer pricing system, Logos Press reports.

The minimum transaction amount for reporting transfer pricing information is set at LE 20 million, and employers will be able to deduct the costs of alternative childcare services for children under 3 years old up to LE 2,500 per child,” Logos Press reported.