If your company engages in transactions with related parties, it must comply with Latvian transfer pricing regulations. These regulations require that transaction prices between related parties adhere to the arm's length principle. This means prices should be equivalent to those negotiated between independent parties under comparable circumstances.
KATRIN Consulting offers transfer pricing consulting and documentation services.
We provide support for transfer pricing matters, including selecting the most suitable transfer pricing method, identifying comparable data, determining the necessary transfer pricing documentation, and assisting with State Revenue Service audits.
Transfer pricing documentation is a critical tool for justifying transactions between related parties and defending them in potential disputes with the State Revenue Service.
We assist in preparing transfer pricing documentation that complies with Latvian laws and regulations, demonstrating that pricing aligns with the arm's length principle. Our services also include analysis of existing transfer pricing documentation.
The fee for preparing transfer pricing documentation is determined on a case-by-case basis, considering the client's specific needs and the project scope.
The hourly rate for transfer pricing consultations is 50 EUR, excluding VAT.
