HC Deb 12 February 1975 vol 886 c147W
Mr. Hoyle

asked the Secretary of State for Industry what knowledge he has of the transfer pricing methods of foreign-owned companies operating in Great Britain.

Dr. Gilbert

I have been asked to reply.

Transfer prices in such cases are investigated by the Inland Revenue, under powers which are being strengthened in current legislation. Experience indicates that methods vary from company to company.