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GULF COAST
REGIONALLY
COORDINATED
TRANSPORTATION PLAN
2016 TRANSPORTATION RESOURCE
INVENTORY UPDATERevisedJuly8,2016Introduction
One element of the Regional Coordination Transportation Plan (RCMP)
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What is rcts draft inventory?
RCTS draft inventory is the record of controlled transactions entered into by a taxpayer for a particular year.
Who is required to file rcts draft inventory?
Taxpayers who have engaged in controlled transactions during the year are required to file RCTS draft inventory.
How to fill out rcts draft inventory?
RCTS draft inventory can be filled out electronically through the designated tax authority's online platform or software.
What is the purpose of rcts draft inventory?
The purpose of RCTS draft inventory is to provide tax authorities with information on controlled transactions to ensure compliance with transfer pricing regulations.
What information must be reported on rcts draft inventory?
Information such as details of the controlled transactions, related parties, pricing methodology, financial data, and supporting documentation must be reported on RCTS draft inventory.
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