Transfer pricing has become an integral part of tax compliance for many taxpayers around the world. Following its path towards accession, the Republic of Moldova wishes to align with the transfer pricing concepts and rules applicable within the EU. Consequently, a legislative framework is under discussion which, for the first time, will set up transfer pricing rules and requirements for complying with the arm’s length principle for taxpayers in the Republic of Moldova.
During the webinar, the KPMG team will present some details of these rules and obligations. We will explain who they they apply to, what is involved in preparing a transfer pricing file, and what resources taxpayers will need to comply with the new requirements, taking into account the deadlines that must be met. Furthermore, to help participants gain a better understanding of the likely impact of the new tax provisions on business in the Republic of Moldova, we will share the main lessons from the practical experience obtained over the period of more than 10 years during which transfer pricing regulations have been applied in Romania.
Transfer pricing within the international and European framework
• What are the transfer pricing concepts/ rules which are generally applicable and where are they mentioned? What is the EU’s approach?
• Speaker: Ioana Botez
Transfer pricing regulations in the Republic of Moldova
• What are the reporting and compliance obligations that have been introduced? Who must meet these obligations and when?
• Speaker: Mariana Filip
Evolution of practical experience with the Romanian tax authorities
• What have been the Romanian tax authorities' favorite “topics” and approaches during transfer pricing tax audits?
• Speaker: Ioana Botez
Q&A session