Business Breakfast by ALPE consulting on the topic of «Preparation of notifications on related-party transactions in SAP ERP»
Before the 1st of January 2012 tax payers had not been obliged to send notifications on effected related-party transactions (transactions between interdependent entities). According to the new rules, tax payers became obliged to report to the tax authorities on related-party transactions which were closed with the same entity in 2012, if such transactions exceeded 100 mln. rubles annually. In 2013 the threshold amount was reduced to 80 mln. Rubles and since January 1, 2014 the threshold amount has been cancelled and all taxpayers are now obliged to report on all the transactions with the interdependent entities. The deadline for reporting is not later than the 20th of May of the year following the posting period.
In order to meet new requirements companies which keep tax records in SAP can use the standard SAP solution on Transfer Pricing. The solution simplifies remarkably the process of preparing notifications on the related-party transactions because in SAP these are created automatically. During the presentation on Transfer Pricing the ALPE consulting expert will introduce the SAP solution and will demonstrate the following processes:
• Specification of interdependent counterparties list;
• Preparation of the list of related-party transactions;
• Specification of the method for calculating the market price and price range;
• Carrying-out of an analysis of the actual and market price;
• Preparation, downloading and display of the notification.
The event will be held on the 29th of January, 2015 in the Moscow office of ALPE consulting at Krasnoproletarskaya street, 16, bld, 1, entry 3 (Novoslobodskaya metro station). The event will be held in Russian and the number of seats is limited. Please kindly confirm your participation before Wednesday, 21st of January 2015 to Marina Shchepanovich by phone +7 495 660 20 19 or by E-mail email@example.com.