Czech Republic - Czech Supreme Administrative Court Sets Clear Limits for Tax Authorities When Adjusting Transfer Prices
- Czech Republic
- P. Fekar
- European Taxation, 2011 (Volume 51), No 5
- 4 April 2011
On 27 January 2011, the Czech Supreme Administrative Court issued a decision on the Czech transfer pricing rules clarifying the burden of proof in transfer pricing cases, the application of various methods for determining an arm’s length price, as well as the extent of possible adjustments where the arm’s length price is defined within a certain range. This note analyses the decision in light of the recently revised OECD Guidelines (July 2010 edition).