- Integration of Transfer Pricing and Customs Valuation: The Netherlands applies both transfer pricing and customs valuation methods, aligning with OECD and EU standards. The transaction value method is preferred for customs, while transfer pricing uses methods like CUP, RPM, and TNMM, emphasizing the arm’s length principle.
- Customs and Tax Authority Cooperation: Dutch customs and tax authorities collaborate closely, conducting joint audits and allowing the use of transfer pricing documentation to support customs valuation. This integration helps ensure consistent application of valuation principles across both domains.
- Impact of TP Adjustments on Customs Value: Transfer pricing adjustments can affect customs value, requiring careful documentation and potential adjustments to reported values. The Dutch authorities accept adjustments if agreements are in place, but the Hamamatsu case highlights complexities in retroactive adjustments.
Source pure.eur.nl
