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.

Filed under Ofwat, Water.

Reckon LLP is an economics consultancy with expertise in data analysis, economic regulation and competition law.

About Reckon