Documenting transfer prices

According to Uzbekistan TP legislation (Section V.1 of the Uzbek Tax Code), companies and representative offices of foreign companies whose income is subject to taxation in the Republic of Uzbekistan, and which have controlled transactions, are obliged to notify the tax authorities about such transactions and provide documentation on them upon the tax authorities’ request. In this regard, the KPMG team can provide the following services:

• Prepare notifications on controlled transactions in accordance with Uzbek tax legislation.
• Prepare documentation on controlled transactions in accordance with Uzbek tax legislation.