UK’s profit diversion compliance facility shows emphasis on TP
A new ‘profit diversion compliance facility’ (PDCF) announced by the UK tax authority aims to encourage companies to bring their transfer pricing (TP) arrangements in line with HMRC’s interpretation of the arm’s-length principle, writes Ben Regan, transfer pricing partner at EY.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
