Another year provides further scope for transfer pricing development. Tax directors, transfer pricing advisers and government officials are invited to share their views on what to expect from transfer pricing in 2011.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap