Update local country file – Contract manufacturing

Key features

• Pages: 13
• Language: English
• Ready to use in Word format (.docx)
• Instant download link after purchase which will expire after 30 days
• Meets the latest OECD standards
• Includes comprehensive guidance
• Written by renowned international transfer pricing experts
• Applicable worldwide
• Last year of review: 2017

Detailed information

This template is typically used to update the Local file for a (contract) manufacturer (prepared as per BEPS Action 13 / OECD Guidelines) for previous year in a simple and easy to follow manner.

The update template is designed under the assumption that the relevant facts and circumstances for the company under review did not change significantly vis-à-vis the previous year. This implies that the functional and risk profile of the (contract) manufacturer and the intercompany transactions it was involved in remained largely the same.

This update template addresses the controlled transactions in which the contract manufacturer was engaged in during the most recent year, reconfirms the functional and risk profile of the (contract) manufacturer and selected transfer pricing method (also containing language in case an update of the benchmark study is conducted). In addition, the update template details specific financial and tax information and includes the relevant appendices supporting the above-mentioned.