UK-HMRC publishes APA/MAP statistics, reveals increase in average time to resolve cases

Oct 03,2017

UK HMRC publishes Transfer Pricing (TP), Advance Pricing Agreement (APA), Mutual Agreement Procedure (MAP) and Diverted Profits Tax (DPT) statistics from years 2011/12 to 2016/17; Statistics reveal that UK has secured £ 5.914 billion of additional tax by challenging multinationals’ TP arrangements from 2011/12 to 2016/17; UK had 82 full time equivalent staff in the specialist transfer pricing group as on March 31, 2017; &...

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