Let's Talk Tax UK

New guidelines for risk compliance in transfer pricing

Episode Summary

Last month, HMRC released new guidance outlining their expectations for conducting transfer pricing analyses with a particular focus on managing compliance risk. In this episode, we will discuss these new guidelines.

Episode Notes

In this week's episode we will:

• Break down the key elements of the new guidelines,
• explore the common risk indicators the HMRC are looking out for and
• delve into the best practice suggested by HMRC to ensure compliance and minimise risk.

Chairing the latest episode is Urmi Sen, Associate Director in Transfer Pricing.

Today, Urmi’s guests are:

• David Sayers, International Tax Partner who is an expert on transfer pricing and international tax, cross border corporate structuring, mergers and acquisitions.
• Jeremy Brown, Financial Services Transfer Pricing Partner who focuses on transfer pricing for financial services businesses such as insurance and banking.