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UK to Follow BEPS Project Action 8-10 Guidelines in Transfer Pricing Audits

|Approved Changes|United Kingdom
United Kingdom

HMRC Deputy Director, Head of Transfer Pricing Maura Parsons has reportedly stated that HMRC will follow guidelines developed as part of Actions 8-10 of the OECD BEPS Project during transfer pricing audits. The statement was made to members of the International Bar Association during a recent conference held in London. Actions 8-10 deal with aligning transfer pricing outcomes with value creatio…

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