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EU JOINT TRANSFER PRICING FORUM

Commission europ enne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGI - Tel. +32 22991111 Office: SPA3 08/007 - Tel. direct line +32 229-54705 EUROPEAN COMMISSION DIRECTORATE-GENERAL TAXATION AND CUSTOMS UNION Direct taxation, Tax Coordination, Economic Analysis and Evaluation Company Taxation Initiatives Brussels, 4th March Taxud D1/ DOC: JTPF/001/FINAL/2011/EN EU JOINT TRANSFER PRICING FORUM REPORT ON small AND medium ENTERPRISES AND TRANSFER PRICING Meeting of 10 February 2010 Centre de Conf rences Albert Borschette Rue Froissart 36 - 1040 Brussels 2 Report I. Introduction 1. The JOINT TRANSFER PRICING FORUM (JTPF), as part of its agreed work programme, considered the impact of TRANSFER PRICING on small and medium Enterprises (SMEs). The JTPF background discussion papers on this work may be found on the DG Taxation and Customs Union website including contributions from The Federation of European Accountants and Conf deration Fiscale Europ enne.

2 Report I. Introduction 1. The Joint Transfer Pricing Forum (JTPF), as part of its agreed work programme, considered the impact of transfer pricing on Small and Medium Enterprises (SMEs).

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