France: the relevance of transfer prices for customs valuation purposes has been confirmed - .PDF file.
In March 2012, the French customs authorities published an updated version of their guidelines applicable to customs value containing an amendment with respect to transfer pricing. This amendment takes the form of a sub-section within a section related to the necessity to have independent parties when taking into account the transaction value for customs valuation purposes in order to avoid a bias on the price. It is now indicated, for customs valuation purposes, that the transfer price can be deemed to be a transaction value in the meaning of article 29 of the Community Customs Code (CCC).
Click on the link above to download the briefing from Olswang.