BEGIN:VCALENDAR VERSION:2.0 PRODID:-//PYVOBJECT//NONSGML Version 1//EN BEGIN:VTIMEZONE TZID:Europe/Luxembourg BEGIN:STANDARD DTSTART:20001029T030000 RRULE:FREQ=YEARLY;BYDAY=-1SU;BYMONTH=10 TZNAME:CET TZOFFSETFROM:+0200 TZOFFSETTO:+0100 END:STANDARD BEGIN:DAYLIGHT DTSTART:20000326T020000 RRULE:FREQ=YEARLY;BYDAY=-1SU;BYMONTH=3 TZNAME:CEST TZOFFSETFROM:+0100 TZOFFSETTO:+0200 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT UID:20260618T081908Z - 26880@eupv478 DTSTART;TZID=Europe/Luxembourg:20210520T140000 DTEND;TZID=Europe/Luxembourg:20210520T170000 CREATED:20260618T081908Z DESCRIPTION:TRANSFER PRICI NG AND RELATED DOCUMENTATION REQUIREMENTS (BOOK INCLUDED)\nPRESENTATIO N Luxembourg companies may enter into diverse commercial and financial tra nsactions with associated enterprises. The prices charged in regard to the se controlled transactions are called transfer prices. For Luxembourg tax purposes\, these prices have to adhere to the “arm’s length principle ”. The arm’s length principle is the international transfer pricing st andard that OECD member countries have agreed should be used for tax purpo ses by MNE groups and tax administrations. The arm`s length principle requ ires that the remuneration for any transaction between related parties con form to that what would have been agreed if the transaction were to have t aken place between unrelated parties under comparable circumstances. The a rm’s length principle is firmly ingrained in Luxembourg tax law and has been explicitly stated in article 56 of the Luxembourg Income Tax Law (LIT L). In addition\, several concepts and provisions under Luxembourg tax law require the arm’s length standard to be respected by Luxembourg compani es (the concepts of hidden dividend distributions and hidden capital contr ibution\, etc.). Over the last years\, transfer pricing has become the hot topic in Luxembourg taxation in an environment that relies increasingly l ess on tax rulings. In the past\, tax rulings were viewed as a way to prov ide certainty and to avoid risks when implementing investments or intra-gr oup transactions. However\, for a number of reasons this is no longer the case and transfer pricing documentation is more and more filling the gap a s a tax risk management tool. As a member of the OECD\, Luxembourg adheres to the organization’s Transfer Pricing Guidelines which reflect the con sensus of OECD Member countries towards the application of the arm’s len gth principle as provided in article 9(1) of the OECD Model Tax Convention . In 2020\, a new chapter X has been added to the OECD [...] DTSTAMP:20260618T081908Z SUMMARY:TRANSFER PRICING AND RELATED DOCUMENTATION REQUIREMENTS (BOOK INCLU DED) X-ALT-DESC;FMTTYPE=text/html:TRANSFER PRICING AND RELATED DOCUMENTATION REQUIREMENTS (BOOK INCLUDED) \nPRESENTATION Luxembourg companies may enter into diverse commercial and financial transactions with associated enterprises. The prices charged in regard to these controlled transactions are called transfer prices. Fo r Luxembourg tax purposes\, these prices have to adhere to the “arm’s length principle”. The arm’s length principle is the international tra nsfer pricing standard that OECD member countries have agreed should be us ed for tax purposes by MNE groups and tax administrations. The arm`s lengt h principle requires that the remuneration for any transaction between rel ated parties conform to that what would have been agreed if the transactio n were to have taken place between unrelated parties under comparable circ umstances. The arm’s length principle is firmly ingrained in Luxembourg tax law and has been explicitly stated in article 56 of the Luxembourg Inc ome Tax Law (LITL). In addition\, several concepts and provisions under Lu xembourg tax law require the arm’s length standard to be respected by Lu xembourg companies (the concepts of hidden dividend distributions and hidd en capital contribution\, etc.). Over the last years\, transfer pricing ha s become the hot topic in Luxembourg taxation in an environment that relie s increasingly less on tax rulings. In the past\, tax rulings were viewed as a way to provide certainty and to avoid risks when implementing investm ents or intra-group transactions. However\, for a number of reasons this i s no longer the case and transfer pricing documentation is more and more f illing the gap as a tax risk management tool. As a member of the OECD\, Lu xembourg adheres to the organization’s Transfer Pricing Guidelines which reflect the consensus of OECD Member countries towards the application of the arm’s length principle as provided in article 9(1) of the OECD Mode l Tax Convention. In 2020\, a new chapter X has been added to the OECD [.. .] END:VEVENT END:VCALENDAR