Transfer pricing and customs valuations have long co-existed, sometimes uneasily, as issues to be addressed on the cross-border transactions of goods between connected parties. The recent CJEU decision on Hamamatsu has put the relationship between the two under the spotlight, with uncertain consequences for taxpayers.
Transfer pricing and customs valuations have long co-existed, sometimes uneasily, as issues to be addressed on the cross-border transactions of goods between connected parties. The recent CJEU decision on Hamamatsu has put the relationship between the two under the spotlight, with uncertain consequences for taxpayers.