Transfer pricing Europe

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International Business
Transfer Pricing Europe – a walk-through the basics [2022]
Transfer pricing Europe  
           – the EU Joint Transfer Pricing Forum 
Since the founding of the European Communities, transfer pricing 
has enjoyed special attention as an essential element for the 
initiation and realization of the European single market. But recently, 
transfer pricing Europe is recognized as being a major source of 
disputes, due to its growing 
number of tax problems and 
regulation differences. 
Since the founding of the 
European Communities, 
transfer pricing has enjoyed 
special attention as an 
essential element for the 
initiation and realization of 
the European single market. 
But recently, transfer 
pricing Europe is recognized 
as being a major source of 
disputes, due to its growing 
number of tax problems and 
regulation differences. 
Obstacles and problems 
related to transfer pricing 
Europe identified are of many 
different natures, but they all 
are more and more stringent 
and demand a solution. 
Deepening its single market 
and the increasing growth 
and development of new 
technologies, as well as 
national and international 
business structures have 
aggravated these transfer 
pricing Europe problems in recent years. 
A common feature of many of issues regarting the transfer pricing 
Europe topic is the demand for a closer cooperation between the tax 
administrations and the taxpayers, which is believed to have the 
potential to lead to a substantial progress. 
Staring with July 2002, the European Commission has appointed 10 
private sector tax experts and a Forum President to participate in 
the Joint Transfer Pricing Forum of the European Union 
(EUJTPF). 
Together with Member States’  tax expers, this transfer pricing 
Europe  EUJTPForum has the task of finding ways to increase the 
cooperation between the tax administration and the taxpayers, 
starting with reducing the high compliance costs and the elimination 
of double taxation, which frequently occur in the case of cross-
border intra-group transactions. 
These problems occur due to differences of interests between both 
companies and national tax authorities, as well as among the 
European tax administrations in connection with transfer pricing 
Europe regulations. 
The overall objective of the Forum is more uniform application of the 
relevant rules regarding transfer pricing Europe. Although all 
Member States apply and recognize the recommendations of 
Organisation for Economic Co-operation and Development (OECD), 
the different interpretations which were granted to them often give 
rise to cross-border disputes. 
The first meeting of the Forum was scheduled for October 2002 and 
back then, only 7 countries had trasfer pricing Europe regulations in 
place. Now, as a result of the EUJTP Forum, transfer pricing 
Europe legislation has extended to all European Union members.