{"id":24152,"date":"2023-10-05T15:45:15","date_gmt":"2023-10-05T13:45:15","guid":{"rendered":"https:\/\/dev.andersen.dotandmedia.com\/?p=24152"},"modified":"2023-10-05T15:53:37","modified_gmt":"2023-10-05T13:53:37","slug":"transfer-pricing-documentation-requirements-in-europe","status":"publish","type":"post","link":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/","title":{"rendered":"Transfer Pricing documentation requirements in Europe"},"content":{"rendered":"<p>The <strong>European Transfer Pricing Team<\/strong> at Andersen presents a comprehensive guide designed to offer multinational enterprises (MNEs) a concise overview of critical compliance considerations and deadlines. The landscape of transfer pricing compliance in Europe has witnessed significant activity in recent months. This guide addresses various developments across European jurisdictions, including new transfer pricing documentation requirements, reporting obligations, threshold modifications, and penalties for non-compliance. Examples include <strong>Malta, Hungary, Poland, Denmark, and the United Kingdom<\/strong>, which have introduced or updated regulations. Furthermore, some countries have initiated public consultations on impending transfer pricing rules (e.g., the <strong>U.K.<\/strong>), while others have provided additional guidance on specific intragroup transactions (e.g., the <strong>Netherlands<\/strong>) or adopted the OECD Transfer Pricing Guidelines (TPG) more comprehensively (e.g., <strong>Italy, Portugal, Germany<\/strong>). These regulatory changes directly impact MNEs, requiring ongoing efforts to demonstrate adherence to the arm&#8217;s length principle in intragroup transactions. The guide underscores the growing need for transparency and robust transfer pricing positions, which are essential for administrative departments navigating this evolving compliance landscape.<\/p>\n<p><a href=\"https:\/\/dev.andersen.dotandmedia.com\/en\/professional\/stefano-rossi\/\" target=\"_blank\" rel=\"noopener\">Stefano Rossi<\/a>, Italian partner and coordinator of the European Transfer Pricing department, and his team are available for further clarification.<\/p>\n<p>Click <a href=\"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2023\/10\/Andersen_EU-TP-service-line_Documentation-requirements-in-EU.pdf\" target=\"_blank\" rel=\"noopener\">HERE<\/a> to read the full in-depth study (in English).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Transfer Pricing Team at Andersen presents a comprehensive guide designed to offer multinational enterprises (MNEs) a concise overview of critical compliance considerations and deadlines. The landscape of transfer pricing compliance in Europe has witnessed significant activity in recent months. This guide addresses various developments across European jurisdictions, including new transfer pricing documentation requirements, [&hellip;]<\/p>\n","protected":false},"author":125,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-24152","post","type-post","status-publish","format-standard","hentry","category-insights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Transfer Pricing documentation requirements in Europe - Andersen Italy<\/title>\n<meta name=\"description\" content=\"A guide realized by the Andersen&#039;s European Transfer Pricing group about the new documentation required in Europe for TP transactions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transfer Pricing documentation requirements in Europe - Andersen Italy\" \/>\n<meta property=\"og:description\" content=\"A guide realized by the Andersen&#039;s European Transfer Pricing group about the new documentation required in Europe for TP transactions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/\" \/>\n<meta property=\"og:site_name\" content=\"Andersen Italy\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-05T13:45:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-05T13:53:37+00:00\" \/>\n<meta name=\"author\" content=\"Marta Canali\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marta Canali\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/transfer-pricing-documentation-requirements-in-europe\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/transfer-pricing-documentation-requirements-in-europe\\\/\"},\"author\":{\"name\":\"Marta Canali\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/43846721efa8fd7408b004aaa8ee6fd2\"},\"headline\":\"Transfer Pricing documentation requirements in Europe\",\"datePublished\":\"2023-10-05T13:45:15+00:00\",\"dateModified\":\"2023-10-05T13:53:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/transfer-pricing-documentation-requirements-in-europe\\\/\"},\"wordCount\":206,\"articleSection\":[\"Insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/transfer-pricing-documentation-requirements-in-europe\\\/\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/transfer-pricing-documentation-requirements-in-europe\\\/\",\"name\":\"Transfer Pricing documentation requirements in Europe - Andersen Italy\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#website\"},\"datePublished\":\"2023-10-05T13:45:15+00:00\",\"dateModified\":\"2023-10-05T13:53:37+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/43846721efa8fd7408b004aaa8ee6fd2\"},\"description\":\"A guide realized by the Andersen's European Transfer Pricing group about the new documentation required in Europe for TP transactions.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/transfer-pricing-documentation-requirements-in-europe\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/transfer-pricing-documentation-requirements-in-europe\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/transfer-pricing-documentation-requirements-in-europe\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transfer Pricing documentation requirements in Europe\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/\",\"name\":\"Andersen Italy\",\"description\":\"Andersen Italy\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/43846721efa8fd7408b004aaa8ee6fd2\",\"name\":\"Marta Canali\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b293a05a9bda9671fb763d16b95f9282f765c5ff526d676702dcae6449dd4db?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b293a05a9bda9671fb763d16b95f9282f765c5ff526d676702dcae6449dd4db?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b293a05a9bda9671fb763d16b95f9282f765c5ff526d676702dcae6449dd4db?s=96&d=mm&r=g\",\"caption\":\"Marta Canali\"},\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/author\\\/marta-canali\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Transfer Pricing documentation requirements in Europe - Andersen Italy","description":"A guide realized by the Andersen's European Transfer Pricing group about the new documentation required in Europe for TP transactions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/","og_locale":"en_US","og_type":"article","og_title":"Transfer Pricing documentation requirements in Europe - Andersen Italy","og_description":"A guide realized by the Andersen's European Transfer Pricing group about the new documentation required in Europe for TP transactions.","og_url":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/","og_site_name":"Andersen Italy","article_published_time":"2023-10-05T13:45:15+00:00","article_modified_time":"2023-10-05T13:53:37+00:00","author":"Marta Canali","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Marta Canali","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/#article","isPartOf":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/"},"author":{"name":"Marta Canali","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/43846721efa8fd7408b004aaa8ee6fd2"},"headline":"Transfer Pricing documentation requirements in Europe","datePublished":"2023-10-05T13:45:15+00:00","dateModified":"2023-10-05T13:53:37+00:00","mainEntityOfPage":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/"},"wordCount":206,"articleSection":["Insights"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/","url":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/","name":"Transfer Pricing documentation requirements in Europe - Andersen Italy","isPartOf":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#website"},"datePublished":"2023-10-05T13:45:15+00:00","dateModified":"2023-10-05T13:53:37+00:00","author":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/43846721efa8fd7408b004aaa8ee6fd2"},"description":"A guide realized by the Andersen's European Transfer Pricing group about the new documentation required in Europe for TP transactions.","breadcrumb":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/transfer-pricing-documentation-requirements-in-europe\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dev.andersen.dotandmedia.com\/en\/"},{"@type":"ListItem","position":2,"name":"Transfer Pricing documentation requirements in Europe"}]},{"@type":"WebSite","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#website","url":"https:\/\/dev.andersen.dotandmedia.com\/en\/","name":"Andersen Italy","description":"Andersen Italy","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dev.andersen.dotandmedia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/43846721efa8fd7408b004aaa8ee6fd2","name":"Marta Canali","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9b293a05a9bda9671fb763d16b95f9282f765c5ff526d676702dcae6449dd4db?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9b293a05a9bda9671fb763d16b95f9282f765c5ff526d676702dcae6449dd4db?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9b293a05a9bda9671fb763d16b95f9282f765c5ff526d676702dcae6449dd4db?s=96&d=mm&r=g","caption":"Marta Canali"},"url":"https:\/\/dev.andersen.dotandmedia.com\/en\/author\/marta-canali\/"}]}},"_links":{"self":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/24152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/users\/125"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/comments?post=24152"}],"version-history":[{"count":1,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/24152\/revisions"}],"predecessor-version":[{"id":24153,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/24152\/revisions\/24153"}],"wp:attachment":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/media?parent=24152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/categories?post=24152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/tags?post=24152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}