Transfer Pricing in Argentina
Transfer Pricing in ArgentinaSince 2014 TPC Group has an alliance with Geneva Consulting Group Argentina S.A., a consulting firm located in Buenos Aires, with whom we provide transfer pricing services.
In Argentina, transfer pricing rules were incorporated to the Income Tax legislation through Law 25063 of December 1998. In 2013, AFIP modified its documentation methodology, so that it now requires that the transfer pricing study be submitted electronically.
Additionally, a monthly reporting scheme has been established for all those who must register in the Related Party List in which they will report the transactions carried out in the domestic market with related parties. In recent years, the Federal Administration of Public Revenues – AFIP has taken an active stance with respect to transfer pricing audits, which has resulted in several rulings in the tax court.
The Master Report and the Country by Country Report are also presented in Argentina.
At present we have managed to expand to 19 countries, we work throughout the year – 24/7, backed by a large team of work with multidisciplinary professionals, having the direct membership of international databases such as One Source – Thompson Reuters, Veritrade, Royalty Range and our applications created to reduce the execution times of the operational work and thus achieve more efficiency and optimal quality in the deliverables that we issue to our customers; this coupled with the creation of our App that allows our users to have real-time control of the progress of the work, which leads us to affirm that this represents our strength in this highly specialized service, which is constantly renewed and innovated.
Today we are a global firm specialized in Transfer Pricing whose experience absorbed in each country allows us to understand the environment and needs of all types of companies, regardless of the field, sector or the country in which they are located, generating excellent results at the corporate and economic group level.