Turkey revises transfer pricing documentation requirements to be effective from 2019

Executive summary

Turkey’s Corporation Tax Law’s Article 13 requires related taxpayers to adhere to the arm’s-length standard for intercompany transactions. Failure to do so may result in all or part of the additional income being treated as a disguised distribution. In addition, it is mandatory to keep the records, tables and documents related to the calculations regarding the values or prices that are set.

The existing documentation requirement has been expanded by Turkey’s Presidential Decision…