Customs valuation and transfer pricing adjustments

(VAT excluded, card and bank transfer accepted)

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Overview Resources

Nearly 60% of global trade is between related parties, so transfer pricing is a very important issue - it helps determine the right price for such a transaction (for tax purposes).

In this video, you will learn

  • What transfer pricing is?
  • How it relates to customs valuation?

The knowledge provided is based on WCO Guide to Customs Valuation and Transfer Pricing, OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations and other legal sources. 

Topics covered

  • Legal sources;
  • General information about transfer pricing;
  • Arm‘s length principle;
  • Comparable transaction and comparability analysis;
  • Transfer pricing methods;
  • A practical example of how it works in practice;
  • Transfer pricing and customs value: linkage, the key challenges and solutions.

Please find slides in the resources section.

This video is a part of an extensive training ‘Customs value in EU’.

Resources are available after purchase.

Comments ()

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Editors’ note: In this second part of the article, the author highlights the similarities and differences between customs valuation and transfer pricing and emphasises that the requirements may … differ for the same goods. He also outlines the solutions used by customs in different countries. For example, the Canada Border Services Agency considers the transfer price to be the ‘uninfluenced’ price paid or payable for imported goods if a written transfer price agreement exists between a vendor and a related purchaser and is in effect at the time of importation.

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