Resident enterprises that implement audit and collection and non-resident enterprises that have established institutions and sites in China and declare and pay corporate income tax truthfully, if they have business dealings with their related parties during the year, they must submit the annual corporate income tax return. The "Annual Related Business Transaction Report Form of the People's Republic of China and State-owned Enterprises" should be attached to the form.
Complete annual related business transaction report form:
1. Check "Fill in" for G000000, G100000, and G108000.
2. Fill in the transaction content on the G108000 form, and fill in "Consulting Services" for "related transaction content".
Extended information
Notes on related party declaration:
1. Carefully review the related relationships between related companies within the company, as well as the types and amounts of related transactions. , and fill in the report truthfully according to the actual situation of the enterprise. Enterprises with significant related party transactions should seek help from professionals to control and reduce transfer pricing risks;
2. Enterprises should prepare in advance. For unclear contents in the report form, you should confirm it with the competent tax authorities in a timely manner. It is best not to wait until the tax authorities have begun investigation before starting preparation;
3. According to regulations, the enterprise fails to prepare and prepare on time Submitting a reporting form can be a reason for the tax authorities to initiate a transfer pricing investigation. Therefore, enterprises should carefully prepare and submit the "Report Form" on time;
4. The new related-party declaration requirements are aimed at a single independent taxpayer, and the combined preparation of related-party declarations and contemporaneous materials is not currently allowed. Therefore, group companies should actively manage transfer pricing risks, identify subsidiaries that need to prepare contemporaneous materials as early as possible, and start preparation work in a timely manner.
Baidu Encyclopedia - Related Declaration