Draft a transfer-pricing file with the AI agent and review the draft

Steps

1. 1

   Open Transfer Pricing and find TP Documentation, AI Agent

   In Tax Intelligence select Analysis, then Transfer Pricing, and scroll to TP Documentation, AI Agent, under the list of records. Three documents can be drafted: the Master File for the whole group, the Local File for this entity, and the country-by-country report. The agent plans the document, gathers this entity's data, writes the draft and then criticises its own work.

   • Select Analysis
   • Select Transfer Pricing
2. 2

   Set the tax year

   Tax year, at the top right of the section, opens on the current year. Type the year you want to document, here 2025, before you generate anything: a draft is written for the year shown in this box at that moment.

   • Type Tax year: 2025
3. 3

   Select Generate on the Master File

   On the Master File card select Generate, AI Agent. A message says generation has started, and the button changes to Drafting, may take a while. The draft is written in the background and takes two to three minutes; you can go on working and come back.

   • Select Generate (AI Agent)
4. 4

   Read the Local File card

   A Local File draft for 2025 was generated the same way before the lesson and has finished. Its card shows Needs review and version 1. Regenerate writes a new version, and Versions lists every version written so far, with its tax year.

5. 5

   Select Versions

   Select Versions on the Local File card. A table opens with one line for each version: its status, the number of sections, whether the agent's own critique flagged anything, the date it was generated and a Review button.

   • Select Versions (1)

   

6. 6

   Select Review to open the draft

   Select Review on version 1. AI Draft Review opens. A banner reminds you that this is a draft written by the AI agent and that nothing is final until a person signs it off. A second banner says the agent could not fully support some sections. Agent plan shows what the agent set out to write, here a local file for the fiscal year 2025. The draft describes the real group: the related-party sale to Meridian Souq E-Commerce, the CUP method and the revenue bracket.

   • Select Review
7. 7

   Read a flagged section

   Each section of the file follows, with its text and the sources it cites. A section marked Flagged ends with Issues flagged by the critique, in red: the points the agent's own check could not support from the entity's data. Here, for example, the critique notes that the draft quotes a 200 million dirham revenue threshold that the stated revenue bracket does not reach, and that no benchmarking range exists for 2025. Read each issue, correct the facts in the records or in the final document, and regenerate if the records changed.

8. 8

   Find Approve and sign off

   At the bottom of the window, Approve and sign off is greyed out for the tax manager. Hold the pointer over it to read why: it requires an admin or compliance officer role. The person who prepares the draft is not the person who signs it off. The compliance officer opens the same window from Versions and Review, selects Approve and sign off and confirms.

9. 9

   Select Close

   Select Close. Tell the compliance officer that the Local File draft is ready for review.

   • Select Close