On 1 March 2018, the Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2018 was laid before the UK House of Commons. The Order updates the definition of 'the transfer pricing guidelines' in the UK's legislation by designating the new 2017 version in place of the version referred to in section 164(4)(a) of the Taxation (International and Other Provisions) Act 2010. The Order has effect in relation to provision made or imposed at any time: For corporation tax purposes, for accounting periods beginning on or after 1 April 2018, and For income tax purposes, for the...