New Regulations Regarding "Transfer Pricing" Have Been Made By The Revenue Administration

New regulations were made on transfer pricing with the "Communiqué on Amendments to the General Communiqué on Disguised Profit Distribution through Transfer Pricing (Serial No: 1) No. 5" published in the Official Gazette No. 32695 dated 17.10.2024.

With the regulation made, subparagraph (a) of the first paragraph of the section titled "7.3.1- Taxpayers and Transactions Included in the Scope" of the General Communiqué on Disguised Profit Distribution through Transfer Pricing (Serial No: 1) and "7.3.2- Taxpayers and Transactions Not Included in the Scope" The phrases "To the Large Taxpayers Tax Office Directorate" in subparagraph (a) of the first paragraph of the section titled "To the Large Taxpayers Tax Office Directorate of the Istanbul Revenue Office" have been changed as "To the Istanbul Revenue Office Large Taxpayers Tax Office Directorate". The regulation in question is made due to the transformation of the Large Taxpayers Tax Office into the Istanbul Revenue