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Air Force Occupational Measurement Squadron Test Development Flight 1550 5th Street East Randolph AFB TX 78150-4449 1 August 2006 WAS Catalog TABLE OF CONTENTS PART ONE: 1. 2. 3. 4. 5. GENERAL GUIDANCE
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What is waps catalog?
Waps catalog is a catalog that contains information regarding the weighted average prices of goods or services sold between related parties.
Who is required to file waps catalog?
Companies that engage in transactions with related parties and have cross-border transactions are required to file waps catalog.
How to fill out waps catalog?
Waps catalog can be filled out by providing detailed information on the weighted average prices of goods or services sold between related parties.
What is the purpose of waps catalog?
The purpose of waps catalog is to provide tax authorities with information on transfer pricing and help ensure that related party transactions are conducted at arm's length prices.
What information must be reported on waps catalog?
Information on the weighted average prices of goods or services sold between related parties along with other relevant details must be reported on waps catalog.
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