Corporation Tax Act 2009: Primary UK legislation governing corporate taxation, crucial for ensuring cost sharing arrangements are tax compliant
TIOPA 2010 Part 4: Transfer Pricing legislation that ensures intercompany transactions are conducted at arm's length
Value Added Tax Act 1994: Legislation governing VAT implications of cost sharing arrangements between group companies
OECD Transfer Pricing Guidelines: International guidelines influencing UK transfer pricing practice and documentation requirements
Companies Act 2006: Primary legislation governing company operations, including directors' duties and related party transactions
Competition Act 1998: Ensures cost sharing arrangements don't violate competition law or create unfair market advantages
Enterprise Act 2002: Additional competition law framework relevant to intercompany arrangements
Financial Services and Markets Act 2000: Regulatory framework for financial services companies engaged in cost sharing
UK GDPR: Data protection regulations governing any personal data sharing within the cost sharing arrangement
Data Protection Act 2018: UK's implementation of data protection requirements, complementing UK GDPR
Contracts (Rights of Third Parties) Act 1999: Legislation governing third party rights in contractual arrangements
Double Tax Treaties: International agreements preventing double taxation in cross-border cost sharing arrangements
International Accounting Standards: Global accounting principles ensuring consistent treatment of shared costs across jurisdictions
