
1 

(1) This Order may be cited as the Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2022 and comes into force on 1st January 2023.
(2) This Order has effect (in relation to provision made or imposed at any time)—
(a) for corporation tax purposes, for accounting periods beginning on or after 1st January 2023, and
(b) for income tax purposes, for the tax year 2023-24 and subsequent tax years.
2 
For the purposes of section 164(4) of the Taxation (International and Other Provisions) Act 2010, the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations 2022 published by the OECD on 20th January 2022 are designated for the time being.
3 
The Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2018 is revoked.
Amanda Solloway
Nigel Huddleston
Two of the Lords Commissioners of His Majesty's Treasury
3rd November 2022