Extract to table

3 Abgabenordnung ("AO," the German Fiscal Code) and the implementing regulation known as the Gewinnabgrenzungsaufzeichnungsverordnung ("GAufzV"), which prescribes the form and content of transfer pricing documentation that taxpayers must maintain

Under these provisions, taxpayers engaged in cross-border transactions with related parties — and, in certain circumstances, with unrelated parties where the pricing is material — must prepare and maintain transfer pricing documentation that can be produced to the German tax authorities upon request, typically within 60 days of such request