UK to reform transfer pricing, permanent establishment, diverted profits tax

The changes are designed to simplify the UK’s international tax rules, bring them up to date and align them more closely with the UK’s obligations under double taxation treaties, as outlined by KPMG UK’s Phil Roper.

The United Kingdom (UK) Government has released draft legislation for technical consultation in respect of its ongoing work to reform the UK's transfer pricing (TP), permanent establishment (PE) and diverted profits tax (DPT) legislation. The proposals follow on from an initial consultation in mid-2023 which was generally well-received, with some reservations in specific areas. The changes should provide helpful simplification of certain aspects of the rules and should support access to tre...

Sign in below or register now to read the full article

Authors:

Published Date: 08 May 2025