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17 May 2016

Austria publishes draft Transfer Pricing Documentation Law

The Austrian Ministry of Finance (MoF) published the draft of the European Union (EU) Tax Amendment Act 2016 on May 9. The centerpiece of this proposal is the draft of the new Austrian Transfer Pricing Documentation Law (TPDL). The new law serves as the legal basis for Country by Country (CbC) Reporting in Austria, as developed by the Organisation for Economic Co-operation and Development (OECD)/G20 in the course of its Base Erosion and Profit Shifting (BEPS) project.

A Tax Alert prepared by Ernst & Young Austria, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-0876

Document ID: 2016-0876

 

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