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EU Joint Transfer Pricing Forum update

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The EU Joint Transfer Pricing Forum has published a summary of its latest meeting providing updates on current developments and the forum’s work programme.

In particular the forum discussed:

  • statistics on Mutual Agreement Procedure under the EU Arbitration Convention and Advance Pricing Agreements in the EU
  • the approach to transfer pricing audits within the EU;
  • the transactional profit split method; and
  • the need for more guidance by tax administrations on the use of the country by country reports.

The next meeting of the forum takes place on 26 June 2018.

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