On May 28, Irish Tax and Customs updated Tax and Duty Manual Part 35A-01-01 to set out the government’s approach to monitoring compliance with transfer pricing legislation contained in Part 35A of the Taxes Consolidation Act 1997.
The new guidance clarifies Transfer Pricing Compliance Review programme, a self-review to be carried out by groups regarding the related-party transactions, and the government’s Transfer Pricing Audit Programme.
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