Although the selection, approach, and criteria used to conduct an audit will remain largely unchanged for 2018, it is expected that the process will change starting next year, when the Belgian tax authorities will have access to country-by-country reporting data, the Master File and the Local File/specific Belgian Local Form. Fuelled by international tax developments and new information reporting requirements, the TP Unit is keen to focus on certain topic areas such as intangibles, financing, procurement-related arrangements, and (captive) re-insurance as part of its new TP audit wave.
Read more in our Insights article from Transfer Pricing.
