20.08.2020
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Segmentation of financial data: rarely used defence in transfer pricing (2/34/20)

Tax Transfer pricing
Before the transfer pricing rules were amended, only a few taxpayers were aware of the significance of financial data segmentation. Once amendments to section 15.2 of the Taxes and Duties Act came into force, preparing financial data segmentation can no longer be seen as a voluntary exercise because from 2018 its inclusion in the transfer pricing documentation is a statutory requirement taxpayers must meet to avoid penalties.

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