UK Adopts Latest OECD Transfer Pricing Guidelines

The UK has published the Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2022, which was made on 3 November 2022 and laid before the House of Commons on 8 November 2022. The Order, designates the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations 2022, as published by the OECD on 20 January 2022, for the p…