Strategy – Implementation – Compliance

'Companies are paying attention to the public and political debate about fiscality. And directors have now definitely realised the importance of a transparent fiscal strategy.’ Marc Diepstraten

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The impact of the Hamamatsu-case under the Union Customs Code

The impact of the Hamamatsu-case under the Union Customs Code

Companies that are using transfer prices as the basis for your customs valuation, are advised to review whether and/or how their transfer prices can be an acceptable basis for the customs value and furthermore review whether it given the situation now is advisable, even required to contact the customs authorities to agree the method of determining the customs value on the basis of transfer prices subject to retrospective adjustments.

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Marc Diepstraten
Partner, PwC Netherlands
Tel: +31 (0)88 792 63 58

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