April 30th is the deadline for filing the TP Report, in both physical and digital formats, and the Informative Return on Transactions with Related Parties (Form F.601), corresponding to the fiscal year ending on December 31, 2024.
Form F.601 must be filed by taxpayers whose transactions with related parties during the fiscal year equal or exceed Bs 7.5 million (approx. USD 1.1 million). In addition, those whose related party transactions exceed Bs 15 million (approx. USD 2,2 million) are also required to file a Transfer Pricing Report.
To comply with this obligation, Form F.601 must be filed electronically through the Da Vinci module on the Virtual Office platform.
The TP Report must be submitted in physical format to the District Management Office corresponding to the taxpayer’s jurisdiction, alongside the financial statements for the fiscal year.
Additionally, a digital version of the TP Report must be filed through the Tax Authority’s official website.
As specialists in the field, we can assist you with this matter and any other concerns related to TP in the region.