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EU: Transfer Pricing a key focus for Commission

04 February 2015   (0 Comments)
Posted by: Author: Chartered Accountants Ireland
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Author: Chartered Accountants Ireland

Last week the Commission issued a decision stating that a new Joint Transfer Pricing Forum expert group was to be set up. This decision comes as the Commission Decision which established the initial Joint Transfer Pricing Forum expert group expires at the end of March 2015. 

In the decision, the Commission acknowledges its continuous need for such a group. According to the Commission, in order to achieve a more uniform application of Transfer Pricing rules within the EU it is necessary to set up a new expert group. One of the roles of this group will be to assist and advise the Commission on Transfer Pricing tax issues. The group is to be composed of governmental and non-governmental sector experts on Transfer Pricing. 

To read the full decision see the following.

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The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

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