Jukka Karjalainen is a Partner in the London Tax Department of Baker McKenzie, and co-leads the UK Transfer Pricing practice. He has focused on transfer pricing for his entire career, and has over 20 years of experience in dealing with transfer pricing and international corporate tax issues from both a private practice and an industry perspective.
Jukka advises a variety of multinational clients from various industries on transfer pricing matters with a specific focus on work related to designing, implementing and defending business model changes, intangibles-related structuring, and transfer pricing controversy work. His industry expertise is particularly strong in connection with telecommunications, technology, pharma, metals, and oil industries.
During his years in practice Jukka has gathered experience working in several jurisdictions, namely the UK, Finland and Australia. He practices in London but retains strong links to the Nordic countries.
His recent matter include;
- Advising a multinational organisation in relation to supporting a three-party APA application, including participation in the presentations to the authorities, with focus on the application of the profit split method.
- Advising an international group in relation to the structuring of, and a subsequent tax authority query into the pricing of the transfer of IP between two jurisdictions.
- Leading the transfer pricing work stream and settlement negotiations in relation to a UK Diverted Profits Tax audit of a multinational technology company.
Jukka has published a number of articles on transfer pricing and tax-effective supply chains and frequently speaks at conferences. He is the co-author of the first ever comprehensive Finnish book on transfer pricing, Siirtohinnoittelu. Jukka has been listed among the leading practitioners in his field by International Tax Review and the Legal Media Group's Expert Guides.
Before joining Baker McKenzie in 2016, he worked at Deloitte (2008-2016) and PwC (2001-2008) and as a senior tax adviser at Outokumpu Oyj (1997-2001).
Jukka holds a Masters of Laws degree from the University of Helsinki and is admitted to the Finnish Bar Association.