The current transfer pricing(TP)legislation of Armenia was elaborated back in 2014-2015 and the Tax Code with a special TP chapter in it(Chapter 73)was adopted in 2016.The provisions of 2016 Tax Code came into force i...The current transfer pricing(TP)legislation of Armenia was elaborated back in 2014-2015 and the Tax Code with a special TP chapter in it(Chapter 73)was adopted in 2016.The provisions of 2016 Tax Code came into force in 2018,but the implementation of the TP regulations came into force on 1 January 2020.Currently,the legal framework of TP regulations is not complete for conducting tax administration.In this regard,in early 2021,a project on amending TP regulations was proposed,which has been already effective since 13 April 2022.This paper will discuss the five biggest issues of the current TP regulations and the proposed amendments and additions to the TP rules as solutions to those issues,which would help to effectively conduct tax administration.展开更多
文摘The current transfer pricing(TP)legislation of Armenia was elaborated back in 2014-2015 and the Tax Code with a special TP chapter in it(Chapter 73)was adopted in 2016.The provisions of 2016 Tax Code came into force in 2018,but the implementation of the TP regulations came into force on 1 January 2020.Currently,the legal framework of TP regulations is not complete for conducting tax administration.In this regard,in early 2021,a project on amending TP regulations was proposed,which has been already effective since 13 April 2022.This paper will discuss the five biggest issues of the current TP regulations and the proposed amendments and additions to the TP rules as solutions to those issues,which would help to effectively conduct tax administration.
