Transfer pricing documentation requirements in Latvia. Who should prepare global and local transfer pricing files, and who is liable for preparing simplified documentation? What are related parties, including multinational enterprises, low-tax jurisdictions and related individuals.
Topics:
Transfer pricing in Latvia
Who should prepare global and local transfer pricing documentation
What are the controlled transactions’ thresholds
How to calculate the value of controlled transactions
Who is allowed to prepare a simplified documentation
What are the related parties: parent-subsidiary controlled companies majority voting rights majority in the company board low-tax jurisdictions and countries.
