The UK’s transfer pricing revenue almost doubled to £3.4 billion ($4.6 billion) in 2024-25 from a year earlier, reaching the highest annual level ever, official data showed Wednesday.
Tax revenue raised from settling transfer pricing cases rose from £1.8 billion in 2023-24, as the number of settled inquiries rose to 143 from 128, according to His Majesty’s Revenue and Customs’ annual data. The jump is mainly attributable to a small number of very high-value cases completed last year.
The average age of settled transfer pricing inquiries ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.