Transfer Pricing Services

Scope of Work

Transfer Pricing Disclosure Forms

We will review the TP Disclosures prepared by management as required by the tax authorities and the OECD guideline, and help to upload the same to the ISTD website.

Transfer pricing Local and Master Files

We will assist your Company in preparing TP Local and Master files in accordance with the OECD guidelines by deadline 31 December after the end of the financial year. This will include:

Review and update current transfer pricing policies.

Perform Functional, Risk and Assets (FAR) analysis of intercompany transactions.

Review and update industry analysis relevant to your sector.

Suggest appropriate transfer pricing methods for different transactions.

Benchmark Study

Assist the management in preparing benchmarking study using internal or external comparable based on the transfer pricing method applied for the particular transaction. The selected TP method can include one of the following:

Comparable Uncontrolled Price Method (CUP); or

Resale Price Method (RPM); or

Cost Plus Method (CPM); or

Transactional Net Margin Method (TNMM); which may require benchmark using external comparable database platform.

Transactional Profit Split Method.

Assist in CbCR Filing:

We will assist your Company in complying with the Country-by-Country Report ("CbCR") requirements in line with the Jordanian Transfer Pricing Regulations:

We will provide guidance/ template to your Company from the Jordan guidance or OECD TP Guidelines.

Based on the guidance and template shared, your Company will populate the CbCR template with the relevant information;

We will remain at your disposal in case of any questions or queries with respect to the CbCR preparation. Once the CbCR is prepared by your Company, we will review and analyze the data disclosed in the draft report to (i) ensure it is presented in the correct format; (ii) identify/correct relevant errors, (iii) completeness check, and (iv) corroborate it is in line with the Jordan/OECD’s CbCR guidance.

Assist all Jordanian entities with CbCR requirements with the submission of the CbCR notification with the Income and Sales Tax Department ("ISTD").