VATVAL15300 - VAT Valuation Manual - HMRC internal manual
VATVAL15300 - Transfer Pricing - VAT implications: Transfer Pricing (provision not at "arm's length") rules UK Transfer Pricing rules apply, broadly speaking, where a UK business (which is subject to Income Tax or Corporation Tax) has a transaction with another business with which it is associated. Businesses are associated when one controls the other or both are under common control. The rules work by adjusting the amount of profits of a business that is the subject of UK direct Tax on the basis of the “arm’s length” results of the relevant transaction. (Note that many transfer pricing...
Source: gov.uk