EU Joint Transfer Pricing Forum agrees on set of common criteria for acceptance of compensating adjustments

Tax Insights ()
In January 2014, the European Joint Transfer Pricing Forum (‘JTPF’ or ‘Forum’) finalised its Report on Compensating Adjustments (JTPF/009/FINAL/2013/EN, the ‘Report’).    

The Report offers practical solutions to both EU tax administrations and taxpayers on how to deal with the issue of compensating adjustments, which are often applied at year-end.