Course Details

Transfer Pricing has been on the statute books in Ireland for more than a decade but until 2020 was a minority sport. Since 2020 and the introduction of a tiered Transfer Pricing Documentation requirement for larger corporate groups – regardless of the scale of their presence in Ireland – this has become a major focus for Corporate Tax Compliance and for Irish Revenue. All companies, groups and branches are now required to price all intra-group trading transactions in the same way they would if they were independent entities. That can include transactions for which groups make no internal recharge. As a result, all Irish practitioners who deal with groups of companies, subsidiaries of overseas groups or branches of overseas companies, now need to be aware of the transfer pricing rules. If not, their clients may be at risk of significant penalties for not having the right documentation (Local Files or Master Files) in place. 


The OECD and the EU are looking at increasing the pressure on corporates to make sure that they pay their taxes in the right countries and transfer pricing will be a key lever in achieving this aim.

 

Anthony Crewe covers the following topics during this webinar:

 

  • Brief introduction to Transfer Pricing [“TP”];
  • The Current Irish TP Landscape;
  • Documentation Overview;
  • The benefits of TP and the penalties for ignoring the rules; and
  • The future of TP.

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CPD Course Speaker

Grant Thornton Ireland

Anthony Crewe

Anthony joined Grant Thornton Ireland in April 2021, moving across from Grant Thornton UK, where he had worked since June 2017. He heads up the transfer pricing team in Dublin and focuses on helping clients with all aspects of transfer pricing across a wide range of sectors and industries. His previous role was with the Grant Thornton transfer pricing team in London. Experience Prior to joining Grant Thornton, Anthony spent 28 years working for HM Revenue and Customs in the UK. He is an extremely experienced Tax Professional, having been a specialist in many aspects of tax work, including Transfer Pricing, International, Corporate, Charities and Diverted Profits. He has worked with a diverse portfolio of corporate clients since joining the profession. He has supported clients in sectors including financial services, IT, automotive, food & drink, pharmaceuticals and many others. He has worked with a range of clients from very large multinational groups to relatively new start-ups. During his time in HMRC, he was an International Tax Specialist, focusing on Thin Capitalisation and Transfer Pricing. He also helped to develop HMRC's internal training programme on all aspects of International taxation. He is an experienced advocate and presenter, having represented HMRC on numerous occasions, in a variety of forums; including an OECD programme in Moscow. He is also a qualified civil and commercial mediator.