Legal AlertNew regulations regarding “Transfer Pricing” have been made by the Revenue Administration.
New regulations were made on transfer pricing with the “Communiqué on Amendments to the General Communiqué on Disguised Profit Distribution through Transfer Pricing (Serial No: 1) No. 5” published in the Official Gazette No. 32695 dated 17.10.2024. With the regulation made, subparagraph (a) of the first paragraph of the section titled “7.3.1- Taxpayers and Transactions...