Transfer Pricing Rules and Regulations

Where goods, services or funding are supplied between companies under common control, the transfer price can be used to shift profits between the companies to gain a tax advantage.  Transfer pricing rules require the arm's length values for these transactions to be used in computing UK corporation tax liabilities.

Large companies are obliged to self assess any additional tax liability under transfer pricing and to maintain sufficient records to demonstrate that the arm's length principle has been applied.

Small and medium sized companies are exempt from the transfer pricing rules.

Services offered:

• Advice on whether transfer pricing adjustments are required.
• Guidance in complying with the documentation requirements of the transfer pricing rules.

More Information

If you would like to know more, contact:
Kevin Mann This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Or call 01224 625111