Policy paper

Income and Corporation Tax: update to definition of transfer pricing guidelines

This Tax Information and Impact Note is about the update to the definition of “the transfer pricing guidelines” within UK legislation.

• From: HM Revenue & Customs
• Published: 6 March 2018

Documents

Income and Corporation Tax: update to definition of transfer pricing guidelines

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In July 2017 the Organisation for Economic Co-operation and Development (OECD) published an updated version of the OECD’s Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations (the ‘OECD Guidelines’).

The measure will update the definition of “the transfer pricing guidelines” within UK legislation to incorporate the updated version of the OECD Guidelines.

The legislation has been published at The Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2018.

Published 6 March 2018