Due to tax law amendments adopted at the end of 2014, an increasing number of companies may be
affected by the tighter obligations on transfer pricing records. In this newsletter we would like to draw
attention to these changes.
The related company concept defined in Act LXXXI of 1996 on Corporate Tax and Dividend Tax
(hereinafter referred to as: “CDT Act”) was broadened as of 1 January 2015. On this basis, parties
shall also qualify as related companies if there is controlling influence over business and financial
policy between the companies based on overlaps in the respective management teams.