This content is from: United Kingdom

SMEs are not keeping pace with HMRC’s transfer pricing approach

HM Revenue & Customs (HMRC) has been targeting mid-sized companies’ transfer pricing arrangements and has increased its yield over the 2012 to 2013 accounting period by more than £100 million ($164 million) on the previous year. But small and medium-sized enterprises (SME) are not keeping pace with HMRC’s focus.

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