2018 No. 266
The Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2018
Made
Laid before the House of Commons
Coming into force
The Treasury, in exercise of the powers conferred by section 164(4)(b) of the Taxation (International and Other Provisions) Act 20101, make the following Order:
Citation and commencement1
1
This Order may be cited as the Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2018 and comes into force on 23rd March 2018.
2
This Order has effect (in relation to provision made or imposed at any time)—
a
for corporation tax purposes, for accounting periods beginning on or after 1st April 2018, and
b
for income tax purposes, for the tax year 2018–19 and subsequent tax years.
Designation2
For the purposes of section 164(4) of the Taxation (International and Other Provisions) Act 2010, the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations published by the OECD on 10th July 20172 are designated for the time being.
(This note is not part of the Order)