Transfer pricing local file
Get Started with This SkillOverview
Draft and validate TP local files (entity, transactions, comparability, method) aligned to OECD and jurisdiction requirements.
Getting Started
Add your local file draft to the workspace and activate the skill. Run the validator to ensure all required OECD-style sections are present.
Tools
- validate_local_file — Checks for local entity description, related-party transactions, comparability analysis, and TP method selection. Does not validate figures or narrative/table consistency in detail.
Example conversation
You: Draft the local file for our Belgian entity. We have three related-party transactions: management fees, IP license, and distribution. Use TNMM for the first two and CUP for distribution.
Agent: I’ve created
tp/local_file_be.mdwith entity description, transaction list, comparability analysis, and method selection for each. Running the validator.Agent: Validation: OK for local_entity, transactions, comparability, method. Ready for review.
You: Add a short section on consistency with the master file.
Agent: Added a “Consistency with master file” subsection under comparability.
Output excerpt
Example when a section is missing:
============================================================
Transfer Pricing Local File Validation
File: tp/local_file.md
============================================================
OK: local_entity
OK: transactions
Missing or unclear: comparability
OK: method
Action: Add missing sections per OECD TP Guidelines and local jurisdiction.