Home / Europe / United Kingdom / Tax / Transfer Pricing

Transfer Pricing

Back to Tax

As an organisation with global operations, you may be benefiting from strong growth in cross-border transactions. You are also subject to tighter regulations, complex multi-jurisdictional tax investigations, higher tax adjustments and an increasingly litigious approach to settling transfer pricing audits.

If you need advice on your transfer pricing approach, are negotiating with tax authorities or want advice on tax and commercial implications on implementation of transfer pricing policies, the multi-disciplinary CMS Transfer Pricing Team can assist.

We work across the European, Asian and American markets and have a proven track record in the financial services, retail, consumer, TMC and lifesciences sectors.

Global tax authorities are taking an increasingly bullish approach to the pricing of products, services and asset transfers within groups, and multinationals need to be fully aware of complex domestic and international transfer pricing regulations.

As new OECD and governmental initiatives take force, there is frequently a conflict in maintaining tax-efficient supply chain structures while not falling foul of complicated anti-avoidance legislation. A co-ordinated tax and legal approach to the pricing and documentation of internal cross-border transactions is critical, allowing multinationals to create water-tight commercial structures that minimise the significant risk of material tax adjustments at audit, while providing flexible pricing models that work in concert with global operational requirements.

With an extended network of dedicated teams across Europe, we offer a fully co-ordinated approach to ongoing transfer pricing and supply chain planning, while our deep technical and commercial expertise has allowed clients to reach valuable settlements at audit and litigation across numerous jurisdictions.

Law-Now: Transfer Pricing
Visit Law-Now for legal know-how and commentary
Advising the Board

Feed

27/02/2022
Handling the new EU and UK sanctions against Russia
Since 2014, the EU and the UK have progressively imposed sanctions on Russia in response to the crisis in Ukraine. Following the latest events, both the EU and the UK, as well as many other countries...
04/11/2020
CMS launches ‘Electronic Signatures & E-Signing Platforms - The definitive...
Today, CMS launched its new publication which is designed to provide guidance on the law governing electronic execution of deeds and documents and the practicalities associated with using e-signing platforms...
20/10/2020
OECD publishes blueprints for Unified Approach
The OECD has further progressed its work on addressing the tax challenges arising from the digital economy, building on its most recent report from July 2020. On 12 October 2020, the OECD published blueprints...
23/09/2020
DAC 7: online platforms, key players-to-be in the European tax transparency...
On 15 July 2020, the European Commission adopted a new tax package to support economic recovery and long-term growth within the European Union (“EU”). Furthering EU tax policy, the package builds...
10/08/2020
OECD reports updates on Unified Approach
On 18 July 2020, the OECD published further updates on its proposals to tackle the tax challenges arising from the digital economy, building on its previous announcements in October 2019 and January 2020...
15/04/2020
Questions facing businesses as the UK’s Digital Services Tax enters into...
As announced by Rishi Sunak, Chancellor of the Exchequer, on 11 March 2020, the UK Digital Services Tax (“DST”) has now entered into force as of 1 April 2020. The UK’s DST comes into force despite...
19/03/2020
Help for businesses in distress due to COVID-19
The Government and Bank of England have announced a number of schemes and measures to support business during the “Covid-19 shock”. The details are being developed but what is known so far is summarised...
11/03/2020
UK Digital Services Tax (DST) from April 2020
The UK Chancellor of the Exchequer has just delivered the UK Budget 2020. This confirms that the UK government will introduce a new 2% DST on the revenues certain digital businesses earn from 1 April...
06/12/2019
Ethics: the future of tax planning
Morality and ethics now dominate the international tax planning landscape, raising major questions for companies, legislators and advisers. Even in specific cases, the issues are rarely black and white...
13/11/2019
OECD proposals set to radically change international tax framework
The OECD has recently issued two consultation documents seeking comments on its proposals for tackling the tax challenges arising from the digital economy. The first of these proposals (“Pillar One”)...
16/07/2019
An introduction to the law of blockchain and distributed ledger technologies...
Data Protection The European General Data Protection Regulation raises at least two issues in particular in this context. First: is pseudonymous information personal data? Second: how can a “right to...
11/07/2019
An introduction to the law of blockchain and distributed ledger technologies...
Remedies: In Principle The original Bitcoin White Paper stressed the importance of transactions not being reversible. Irreversibility is a function of Bitcoin, deliberately designed to reduce transaction...