Irish Revenue boosting its transfer pricing tool kit

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Irish Revenue boosting its transfer pricing tool kit

The Irish Revenue Commissioners are in the market for more corporate databases through which they can evaluate companies’ transfer pricing more effectively.

The revenue service is also looking to hire more transfer pricing professionals to boost its skills level in the field.

The advertisements for staff and for database companies to pitch to the service come in the wake of the US Senate Permanent Subcommittee on Investigations hearing on offshore profit shifting last week, which focused heavily on the tax affairs of Apple and Google.

The sudden call for capacity building could be because Ireland has relatively new transfer pricing laws (implemented in 2010), which mean the Revenue’s workload in this area is increasing as audits are initiated and documentation is filed.

But there are also claims, from the US Senate Committee, that Ireland is effectively a tax haven used by multinationals such as Google and Apple to shift their profits out of the US. The Revenue Commissioners will want to refute these claims and ensure their coffers are filled at the same time.

Companies submitting bids to supply the data will need to have a track record in providing information services of this sort to revenue authorities.

more across site & shared bottom lb ros

More from across our site

Countries which care about fair taxation of tech multinationals and equitable global distribution of wealth should back the UN’s tax framework, writes economist Abdelmalek Riad
The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe
The plan aims to improve the efficiency, transparency, and effectiveness of direct tax administration in India
Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
Jaime Carey speaks about the benefits of his tax background, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency
Historically low levels of attrition over consecutive years made a ‘difficult decision’ necessary, PwC has reportedly said
WTS Global is also vetting new potential member firms in Algeria, Cote D’Ivoire and Benin, Kelly Mgbor tells ITR in an exclusive interview
The scope of qualifying pillar two tax credits could reportedly be broadened; in other news, hundreds of IRS appeals staff are to resign
For many taxpayers, the prospect of long-term certainty that a bilateral APA offers can override concerns about time, cost and confidentiality
Levine, who served under the Joe Biden administration, led the US’s negotiations on the OECD’s two-pillar solution
Gift this article