Unilateral Transfer Pricing Rulings

A unilateral transfer pricing ruling is a ruling issued by the Commissioner that determines, in advance of an arrangement, an appropriate set of criteria for the determination of the transfer pricing for that arrangement. The said criteria include the method used to arrive at the transfer pricing, comparables and appropriate adjustments thereto and critical assumptions as to future events.

For further information on the submission a Unilateral Transfer Pricing Ruling, one may wish to refer to the Transfer Pricing Rules that were issued.