Taxation (International and Other Provisions) Act 2010 section 228

Party to agreement: duty to provide information

Section 228 requires parties to an advance pricing agreement to provide HMRC with information and reports as needed.

• Any party to an advance pricing agreement has an ongoing obligation to supply information to HMRC.
• The information required includes all reports and other data specified within the agreement itself.
• Information must also be provided in response to requests made by an HMRC officer, where those requests are made in accordance with the terms of the agreement.
• This duty applies on a continuing basis — information must be provided from time to time, not just at the outset.