Before closing the books, every company should review what information is recorded in their accounting and what requires special attention. This matters because after the year-end date, certain decisions can no longer be made.<\/p>\n
If your company belongs to an international group and conducts transactions with related parties, it is especially important to check: Do the applied prices comply with the arm\u2019s length principle?<\/strong> If not, a transfer pricing adjustment is needed \u2013 and it\u2019s best to do this before closing the books.<\/p>\n Transfer pricing adjustments affect corporate income tax, local business tax, and other tax types. If the correction is made in time, future issues can be avoided, and in many cases, a more favorable tax impact can be achieved. Year-end databases have already been updated, so the arm\u2019s length price can be determined accurately.<\/p>\n According to the Corporate Income Tax Act, taxpayers must adjust their tax base if the applied price does not comply with the arm\u2019s length principle. This applies to all related-party transactions, not only those requiring transfer pricing documentation. The adjustment is usually made to the median value of the arm\u2019s length range.<\/p>\n The adjustment can be made in two ways:<\/p>\n If the decision is made before closing the books, the adjustment is easier to handle, and later administrative burdens can be avoided.<\/p>\n Year-end closing is not only about legal compliance but also about ensuring that all data is accurate and the accounting reflects real economic events. We can support you in this: with over 20 years of experience, international background, and up-to-date expertise, we ensure that transfer pricing adjustments are correctly recorded.<\/p>\n Summary:<\/strong> Get in touch \u2013 we ensure accurate and compliant accounting!<\/strong><\/p>\n","protected":false},"featured_media":6116,"template":"","tags":[554],"evszam":[765,1031],"szakmai_cimke":[1002,1084,1206,1086,900,1205],"class_list":["post-6115","szakmai-hirek","type-szakmai-hirek","status-publish","has-post-thumbnail","hentry","tag-highlighted","evszam-2025-en","evszam-2026-en","szakmai_cimke-corporatetax","szakmai_cimke-internationalbusiness","szakmai_cimke-localbusinesstax","szakmai_cimke-taxcompliance","szakmai_cimke-transferpricing","szakmai_cimke-yearendclosing"],"yoast_head":"\nWhy is this important now?<\/strong><\/h3>\n
What does the law require?<\/strong><\/h3>\n
How does this appear in accounting?<\/strong><\/h3>\n
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Why act in time?<\/strong><\/h3>\n
How can we help?<\/strong><\/h3>\n
\nTransfer pricing adjustment is not only a legal obligation but also an accounting task that must be carried out timely and professionally. If you want everything to be in order at year-end closing, contact us with confidence.<\/p>\n