A Transfer Pricing (TP) questionnaire in August 2014 has circulated by the special tax authority of the Czech Republic. The questionnaire has been done by more than 60% of corporations to which it was delivered. On the basis of new information, a second phase of TP questionnaire is predicted to be delivered to taxpayers in the end of October 2014. This will become part of income tax return for 2014. Taxpayers will be needed to give essential information about dealing with related parties like the quantity of services, royalties, interest, dividends, etc. that have sorted by individual companies.
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