Amendment to Transfer Pricing Rules
22 January 2024
Rule 1 of the Transfer Pricing Rules has been revised by LN 9 of 2024.
A new proviso to Rule 1 provides that the Rules shall apply, in the case of arrangements entered into before 1st January 2024 and which were not materially altered on or after that date, for basis years commencing on or after 1st January 2027.