Section 169 Giving of transfer pricing noticesC1
This section applies to a transfer pricing notice given to a person.
The notice may be given in relation to—
any provision specified, or of a description specified, in the notice, or
every provision in relation to which one or other of the assumptions in section 147(3) and (5) would, apart from section 166(1), be required to be made when calculating the person's profits and losses for tax purposes.
The notice may be given only after a notice of enquiry has been given to the person in relation to the person's tax return for the chargeable period concerned.
The notice must identify the officer of Revenue and Customs to whom any notice of appeal under section 170 is to be given.
In subsection (3) “notice of enquiry” means a notice under—
section 9A or 12AC of TMA 1970, or
paragraph 24 of Schedule 18 to FA 1998.
Annotations
Modifications
- C1
Ss. 166-171 excluded (1.4.2010 with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), ss. 542(2), 1184(1) (with Sch. 2)
Notes on Part 4
Modifications
- C1
Pt. 4 excluded by 2010 c. 4, s. 938N (as inserted (19.7.2011) by Finance Act 2011 (c. 11), Sch. 5 para. 2)
- C2
Pt. 4 excluded (1.10.2011) by Postal Services Act 2011 (c. 5), s. 93(2)(3), Sch. 2 para. 6(2); S.I. 2011/2329, art. 3
- C3
Pt. 4 excluded (1.4.2012) by Budget Responsibility and National Audit Act 2011 (c. 4), s. 29, Sch. 4 para. 3(2); S.I. 2011/2576, art. 5
- C4
Pt. 4 excluded (with effect in accordance with s. 148 of the amending Act) by Finance Act 2012 (c. 14), s. 129(11) (with s. 147, Sch. 17)
Notes on Chapter 3
Modifications
- C1
Pt. 4 Chs. 1 and 3-6 applied (1.4.2022 in relation to accounting periods beginning on or after that date) by Finance Act 2022 (c. 3), s. 51(1), Sch. 9 paras. 3, 4