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The EU Joint Transfer Pricing Forum

Andrew Hickman transfer pricing partner KPMG London looks at the activities of the EU Joint Transfer Pricing Forum and asks what they mean for the UK
News of direct tax developments in the European Union has concentrated on the decisions of the European Court of Justice decisions which may significantly affect UK tax legislation and practice. These high-profile cases have rightly generated great interest but there are some less well publicised developments in the EU which merit attention. These are the activities conducted in a spirit of co-operation between taxpayers advisers and tax administrations of the EU Joint Transfer Pricing Forum (JTPF).
To date the work of the JTPF helps to guarantee the elimination of double taxation within the EU arising from transfer pricing adjustments...

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