Photo, Jukka Karjalainen

Jukka Karjalainen

Baker & McKenzie LLP


Jukka Karjalainen is a partner in the London Tax Department of Baker McKenzie and leads the Firm's EMEA transfer pricing practice. He has over 25 years of experience in dealing with transfer pricing and international corporate tax issues from both a private practice and an industry perspective.

Practice Focus

Jukka has specialised in transfer pricing throughout his career and has experience working in several jurisdictions, namely the UK, Finland and Australia. Jukka advises a variety of multinational clients from various industries on transfer pricing matters with specific focus on transfer pricing disputes, customs and transfer pricing overlap, supply chain restructurings and intangibles. His strongest focus areas in industries are TMT, pharma and EMI.

Before joining Baker McKenzie, Jukka was a transfer pricing partner and the tax leader of the Business Model Optimisation service offering at a Big 4 accounting firm. Jukka has been listed amongst the leading practitioners in his field by the International Tax Review and the Legal Media Group's Expert Guides.

Representative Legal Matters

Jukka has recently advised a number of multinational organisations in relation to their transfer pricing issues relating to structuring of business and transfer pricing models, interaction with various tax authorities, including the obtaining of APAs and assistance in disputes.

  • Advising a multinational steel manufacturer in relation to designing and implementing a profit split-based transfer pricing model for a three principal structure, and obtaining a favourable tri-party APA to support the implementation of the model. Jukka supported the client in obtaining the APA through participating in the design of the transfer pricing model, the drafting of the relevant documentation and participating in the meetings with the relevant tax authorities.
  • Assisting a multinational group operating within the TMT sector in settling a customs audit with significant transfer pricing overlap, working closely with the client's and BM trade and customs teams. Jukka participated in the negotiations with authorities and led the transfer pricing workstream.
  • Advising a multinational pharma company in relation to negotiating and settling a contentious transfer pricing audit. Jukka supported the client through leading the transfer pricing technical analysis and negotiating the settlment with the tax authorities.


  • England & Wales~United Kingdom (2018)
  • Finland (2018)


  • University of Helsinki (Master of Laws)


  • English
  • Finnish
Jukka has published a number of articles on transfer pricing and tax aligned supply chain and is the co-author of the first-ever comprehensive Finnish book on transfer pricing, “Siirtohinnoittelu.” He also speaks regularly at various conferences.