As 2017 draws to an end, we can reflect on the year that’s been for transfer pricing and start to make predictions for the year to come. The below trends build on what we have seen in the market over the past few years, and give an indication of where we’re heading as 2018 looms […] … Read More
Paul Sutton, LCN Legal Intercompany Agreements (often referred to as ICAs) are legal agreements between related parties. They define the legal terms on which services, products and financial support are provided within a group. Why do multinational organisations need them? It has long been accepted that ICAs are a fundamental part of Transfer Pricing compliance […] … Read More
On June 15, 2017, U.K. HMRC issued updated guidance on the Worldwide Disclosure Facility (WDF). See BEPS Action 12. On December 31, 2015, all HMRC offshore facilities closed. The WDF is currently available to anyone who would like to disclose a U.K. tax liability that relates wholly or partly to an offshore issue, which includes […] … Read More