Ireland to introduce transfer pricing rules in tomorrow’s Finance Bill
February 03, 2010
Under pressure from countries who view the country as a soft touch for aggressive tax planning, Ireland will probably introduce new transfer pricing rules tomorrow when the Finance Bill 2010 is published. The Bill will implement changes announced in the budget in December.
Ireland’s rules will no doubt incorporate the OECD guidelines on transfer pricing into their legislation. At present, Ireland has limited arm’s length provisions to deal with transfer pricing abuses.
New documentation requirements are also expected.
Check back to www.TPWeek.com tomorrow for more.
The rest of this article is available to subscribers and active trialists* only.
Subscribe today for full access to this article.
Alternatively take a free trial, giving you access for one week*.
If you are already a subscriber, please log in below to access the rest of this article.
*some articles may be excluded from free trialists.