It has issued the warning in letters sent to several companies since September.
The letters were first reported by the Financial Times. Companies https://amazonia.fiocruz.br/scdp/blog/story-in-italian/use-inniss-concepts-of-time-biased-and.php transfer pricing to move business around within their operations, often booking profits in countries with low-tax regimes. The tax office confirmed that it had sent the letters in September, restarting a process that it had paused for eight months because of the coronavirus pandemic. Subscription Notification.
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Menu Close. Log in Subscribe. Past six days. HMRC warns multinational companies over shifting profit. Katherine Griffiths. Tuesday November 17]
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