HMRC Deputy Director, Head of Transfer Pricing Maura Parsons has reportedly stated that HMRC will follow guidelines developed as part of Actions 8-10 of the OECD BEPS Project during transfer pricing audits. The statement was made to members of the International Bar Association during a recent conference held in London. Actions 8-10 deal with aligning transfer pricing outcomes with value creation and ensuring that the transfer pricing rules result in outcomes where operational profits are allo…