Taxation (International and Other Provisions) Act 2010 Schedule 11 Part 2

Transfer pricing: index of defined expressions used in Part 4

Schedule 11 Part 2 provides an alphabetical index of all the defined terms used throughout the transfer pricing provisions in Part 4 of the Act, directing the reader to where each term is defined.

• The index covers over 20 defined terms used in the transfer pricing rules, ranging from fundamental concepts such as "the actual provision," "the arm's length provision," and "affected persons" to more specific terms like "the guarantor company" and "the issuing company."
• Key interpretative terms — including "control," "firm," "losses," "profits," "transaction," and "participation" — are each assigned to the section or chapter of Part 4 where their meaning is set out.
• Terms specific to particular chapters are identified as such — for example, "the advantaged person" and "the disadvantaged person" apply within Chapter 4, while "the guarantor company," "the issuing company," and "the security" apply within Chapter 5.
• The index also covers the exemption-related definitions used in Chapter 3, including "small enterprise," "medium-sized enterprise," and "transfer pricing notice."

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