This article explains why TP adjustments matter for VAT and customs, explores the latest legal and practical developments, and outlines steps you can take to mitigate risk.
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Transfer pricing adjustments: why they impact your VAT & Customs position
International tax
The return of trade barriers: what new import tariffs mean for international business
International tax
On 2 April, proclaimed “Liberation Day” by President Donald Trump, the United States announced a sweeping package of new tariffs on imported goods. These “reciprocal tariffs” are designed to counter what are seen as unfair duties imposed by other countries.
OECD Guidance on simplification Amount B of Pillar One
Pillar One
The Organization for Economic Cooperation and Development (OECD) released its report on Amount B of Pillar One. This guidance entails a simplified and streamlined application of the arm’s length principle for routine marketing and sales activities.