TaxSavvyQA

TP file deadline

What is the deadline for the Local File?

The situation

Master File and Local File are due six months after year end.

The law

  • GTA President's Decision No. 4 of 2020 (filing timing): TP declaration with the return; Master File and Local File within six months of year end

What it means for you

Master File and Local File are due six months after year end, so 30 June for a December year end. That is two months after the tax return and TP declaration. Planning the work in the first quarter avoids a rush.

What to do

  1. Plan in Q1.
  2. Draft in April.
  3. Finalise May.
  4. Submit by 30 June.

We can do this for youTransfer pricing declaration, Master File and Local File: QAR 9,000

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