Transfer pricing fine for United Utilities Water
Ofwat notice (121 pages, PDF) imposing a £8.5 million fine on United Utilities Water Plc for transfer pricing infringements. Ofwat's response to UUW's solicitors' criticisms (9 pages, PDF) of the Ofwat reasoning leading to the £8.5 million figure (0.7 per cent of turnover) is at the end of the document.
For further information or advice please contact Franck Latrémolière.
