Ireland has revamped the guidance for its approach to transfer pricing on crossborder transactions, a key moment in the development of the country’s international tax regime. This was prompted by the latest OECD guidance, which is an article of faith for Irish Governments to follow, given the repeated assurances from Irish Finance Ministers that OECD norms are aspirational for Ireland in its international tax policy. REENEN DU PREEZ, Transfer Pricing Manager, Deloitte, assesses the new guidance on TP Issues by the Irish Revenue and a number of key considerations for taxpayers as a result of the guidance.
