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KPMG held client seminar on "Transfer Pricing in Azerbaijan. How to get ready?"
KPMG held client seminar on Transfer Pricing.
On July 20, 2017 KPMG in Azerbaijan held client seminar on "Transfer pricing in Azerbaijan. How to get ready?" The venue for the event was set to be JW Marriott Absheron Baku Hotel.
On July 20, 2017 KPMG in Azerbaijan held client seminar on "Transfer pricing in Azerbaijan. How to get ready?" The venue for the event was set to be JW Marriott Absheron Baku Hotel.
Within the workshop main aspects of the new rules on Transfer Pricing and their possible impact on the activities of companies, especially:
- life with TP rules;
- brief overview of the Azerbaijani TP rules;
- how to develop a rationale for TP;
- minimizing the risks of TP were covered.
In addition, the rationale for controlled transactions and analysis of the step-by-step instructions for its preparation were presented. Furthermore, the most significant disputes with tax authorities in the CIS countries and focus on the main thing in terms of TP were discussed.
The workshop was led by experts from Russia and Ukraine:
- Konstantin Karpushin, Partner, Transfer Pricing, Tax & Legal, KPMG Ukraine;
- Volodymyr Chyzhykov, Senior Manager, Transfer Pricing, Tax & Legal, KPMG Ukraine;
- Uliana Maksimova, Manager, Transfer Pricing, Tax & Legal, KPMG in Russia.
Mushfig Aliyev, Partner of Tax & Legal Department at KPMG in Azerbaijan, made an opening speech and mentioned that Transfer Pricing principles has always been one of the priority service delivery areas of KPMG in global context. He underlined that KPMG in Azerbaijan will further work in the direction of development transfer pricing services within the country.
There were 2 sessions, which were followed by Q&A session at the end of the seminar. Around 60 representatives of different companies attended the workshop.
© 2019 KPMG Azerbaijan Limited, a company incorporated under the Laws of the Guernsey, acting through its Representative Office in the Republic of Azerbaijan, a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Azerbaijan.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
