01 June 2016 UK issues consultation on transfer pricing secondary adjustments The UK's HM Revenue & Customs (HMRC) issued a consultation on May 26, on the potential introduction of a secondary adjustment rule into the UK's domestic transfer pricing legislation. Such a rule would be a new rule within the UK's transfer pricing legislation. Although the UK has not previously sought to introduce such a rule, the issue was highlighted as requiring a watching brief as far back as 1997, in the transfer pricing consultation document of that time. Document ID: 2016-0950 |
