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

UK transfer pricing legislation update

UK transfer pricing legislation follows the OECD Transfer Pricing Guidelines. As a result, when the OECD guidelines change, UK legislation must also be updated as and when those guidelines change.

The OECD Guidelines were updated in July 2017 and the UK has now laid a statutory Instrument before Parliament which will incorporate these new guidelines into UK law. This Statutory Instrument is The Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2018 (SI 2018 No 266).