Paragraph 41 Transfer pricing: no small and medium-sized enterprise exemption
United Kingdom
(1)
Section 166(1) of TIOPA 2010 (exemption for small and medium-sized enterprises from basic transfer pricing rule) does not apply to a potentially advantaged person if that person or the other affected person is a QAHC.
(2)
In this paragraph “potentially advantaged person” is to be construed in accordance with Part 4 of that Act.