Taxes Management Act 1970 section 30C

Transfer pricing records: carelessness for the purposes of section 29

Section 30C creates a presumption that a trustee has been careless for discovery assessment purposes where they have failed to keep or provide required transfer pricing records relating to profits or losses calculated under the transfer pricing rules.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.