For AEOI purposes, the FTA transmits to the foreign tax authorities information on types of investment income and balances of client accounts of persons who are tax residents abroad.
With CbCR, the FTA exchanges country-specific reports of multinational companies with foreign tax authorities. They include turnover, taxes and key figures as well as information on all legal entities.
Administrative and mutual assistance serves the international exchange of information between tax authorities and includes administrative assistance under double taxation agreements, the spontaneous exchange of information (SEOI) and tax administrative assistance under FATCA.
Transfer pricing refers to the rules and methods used in order to determine the prices and other conditions applied to cross-border transactions between enterprises that are legally independent but belong to the same group. Transfer prices must comply with the arm's length principle, according to which transactions between these enterprises should be conducted on the same terms as would be agreed upon between independent enterprises.
