Turkmenistan

There is no group taxation in Turkmenistan.

Transfer pricing

The Turkmenistan Tax Code contains provisions concerning state supervision of transfer pricing. According to these rules, the tax authorities monitor and control transfer pricing of certain types of transactions, including transactions between related parties, foreign trade operations, and transactions where the tax authorities during tax audits perceive considerable deviation from the market price (i.e. more than 20%).

Thin capitalisation

There are no provisions for thin capitalisation in Turkmenistan tax legislation.

Controlled foreign companies (CFCs)

Turkmenistan tax legislation does not have provisions covering CFC rules.