On December 21, 2016 a Decree of the Austrian Federal Minister of Finance on the Implementation of the Federal Law on standardized transfer pricing documentation (Verordnung des Bundesministers für Finanzen zur Durchführung des Bundesgesetzes über die standardisierte Verrechnungspreisdokumentation (Verrechnungspreisdokumentationsgesetz-Durchführungsverordnung – VPDG-DV)) was published in the Bundesgesetzblatt für die Republik Österreich. According to Section 4 of the Decree, the (provisions of) Decree shall be applied to documentation to be drawn up for financial years starting on or after January 1, 2016.

 

The Decree contains 4 sections:

·   Section 1 – Master File

o  Content of the Master File

o  Organizational structure of the multinational enterprise group

o  Description of the business activities

o  Documentation of intangible assets

o  Documentation regarding the financing activities of the group

o  Documentation regarding the financial position and the tax position

·   Section 2 – Local File

o  Content of the Local File

o  Description of the local business unit

o  Documentation regarding the substantial intra-group transactions

o  Financial information

·   Section 3 – Country-specific report 

·   Section 4 - Applicability

 

Click here to be forwarded to the Decree as published on December 21, 2016 in the Bundesgesetzblatt für die Republik Österreich. (The Decree is only available in the German language)

 


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