Impact of Transfer Pricing Adjustments on VAT Liabilities

Sammanfattning: The paper analyses whether different types of transfer pricing adjustments could have impact on VAT liabilities. It assesses different nature of adjustments (primary, secondary, corresponding, compensating) and whether they could be seen either as a separate taxable transaction from the VAT perspective or as an alternation of the taxable amount fot the VAT purpose. Despite representing two different areas of taxation the author believes that transfer pricing adjustments might have an impact on VAT liabilities.