TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Transfer Pricing

The European Commission proposes guidelines to avoid transfer pricing disputes.

The Commission and the Forum consider that Advance Pricing Agreements (APAs) are an appropriate tool to increase legal certainty and to lessen transfer pricing burdens on taxpayers. Therefore the Commission has drafted guidelines for APAs which will make it easier for companies to avoid some of the problems caused by different transfer pricing rules in Member States. Transfer pricing rules aim at ensuring that in cross-border situations related companies allocate the correct tax base to the countries where they trade.

A Commission press release on the proposal is available at http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/236&format=HTML&aged=0&language=en&guiLanguage=en