Quick Scan on Documentation | China

Organisational Readiness Module for Documentation Process

The quickscan allows multinationals to test the quality of their transfer pricing systems, their transfer pricing risk profile in China and the need for transfer pricing documentation. The four major variables tested include:

Systems
What is the status of your internal transfer pricing systems to capture and manage pricing and documentation flows?
Risk Assessment
What is your overall risk assessment on China transfer pricing, based on the types of transactions the entity is involved in and the history of transfer pricing activity?
Documentation (1)
Do you need documentation?
Documentation (2)
What processes are in place for preparing documentation and what is missing?

Instructions
-   Complete the questionnaire (select 1 response with is most applicable to your fact pattern);
-   Push on the submit button;
-   Read the outcome of your response which provides an indicative risk level.