Representatives of the Ministry of Taxes of the Republic of Azerbaijan participated in a 5-day study visit to the Independent Authority for Public Revenue of the Hellenic Republic.
The Governor of the Independent Authority for Public Revenue welcomed the representatives and pointed out that this study visit will provide practical insight of the application of TP guidelines developed in the first activity, by allowing the BC tax officials to:
During the study visit, tax officials of IAPR made presentations on the definition of related enterprises, Arm’s Length Principle, transfer pricing documentation requirements, case selection and risk indicators for transfer pricing purposes, as well as risk assessment procedure using software for TP issues. They also gave information on APA and their practical application in Greece.
At the end of the study visit, the Governor of IAPR held a closing meeting with the tax officials of the Ministry of Taxes of the Republic of Azerbaijan and highlighted the importance of a follow-up visit in the future.