Commentary

D7.918B Transfer pricing: oil extraction and related activities

Corporate tax
Corporate tax | Commentary

D7.918B Transfer pricing: oil extraction and related activities

Corporate tax | Commentary

D7.918B Transfer pricing: oil extraction and related activities

For accounting periods ending on or after 17 July 2013 a person's (S) expenditure is restricted for transfer pricing purposes if he is connected to a person (R) who is carrying on or has ceased to carry on a ring fence trade and he (S) provides, directly or indirectly:

  1.  

    (a)     decommissioning services to R and the cost of this service on which R can claim allowances for is restricted1 (see D7.925), or

  2.  

    (b)     services in connection with work on the restoration of a relevant site to R and the amount of

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