OECD publishes comments received on transfer pricing aspects of commodity transactions
The OECD has published on its website comments received on the discussion draft on the transfer pricing aspects of cross border commodity transactions. This was issued as part of the response to action 10 of the base erosion and profit shifting
See MoreIndia: Amendments to Transfer Pricing Guidelines Issued
The Central Board of Direct Taxes released amendments to the transfer pricing guidelines on 4 February 2015. The “simplified” transfer pricing documentation rules were released by a notification dated 4 February 2015 for domestic transactions of
See MoreEU: sets up new mandate for the Joint Transfer Pricing Forum
As the previous mandate for the EU Joint Transfer pricing Forum had expired, on 26 January 2015 the European Commission issued Commission Decision C (2015) 247 in respect of setting up a new EU Joint Transfer Pricing Forum expert group. The previous
See MoreSingapore: New Revised Transfer Pricing Guidelines for 2015
The Inland Revenue Authority of Singapore (IRAS) publishes revised transfer pricing (TP) guidelines on 6 January 2015. The 2015 TP Guidelines are generally in line with the OECD Transfer Pricing Guidelines (2010) as well as some relevant areas of
See MoreSingapore: Publishes e-Tax Guide on Transfer Pricing
The Inland Revenue Authority of Singapore (IRAS) has releases second edition of Transfer Pricing Guidelines on January 6, 2015. The e-Tax guide is separated into three main parts and it discusses ways to resolve transfer pricing disputes. It also
See MoreOECD: Discussion Draft on Low Value-Adding Services
The OECD issued a discussion draft on 3 November 2014 in connection with Action 10 of the BEPS project. This relates to modifications to the OECD Transfer Pricing Guidelines in respect of low value adding intra-group services. The discussion draft
See MoreOECD– Releases Comments on Discussion draft regarding “Transfer Pricing Comparability Data and Developing Countries”
The OECD invited comments on 6 June 2012 from interested parties on its Discussion Draft on Transfer Pricing Comparability Data and Developing Countries for proposed revisions to Chapter VI of the Transfer Pricing Guidelines. The OECD published the
See MoreOECD: Published report on guidance on transfer pricing features of intangibles
The OECD recently released the report on Action 8 of the Action Plan on 16 September 2014 which is based on Erosion and Profit Shifting (AP-BEPS). The details report comprises guidance on the Transfer Pricing aspects of intangibles. It covers final
See MoreOECD – Public consultation on transfer pricing documentation, country-by-country reporting
The Organization for Economic Co-operation and Development (OECD) has announced that a public consultation will take place 19 May 2014, for further consideration of transfer pricing documentation and country-by-country reporting. This follows the
See MoreOECD – Update on transfer pricing documentation
The OECD’s Centre for Tax Policy and Administration held a webcast on 2 April 2014 at which an update was provided on the progress of aspects of the action plan on base erosion and profit shifting (BEPS). The update covers the issues of transfer
See MorePoland – New guidelines concerning transfer pricing regulations on business restructuring
Poland has prepared guidance on some questions arising from the issue of transfer pricing regulations last year. The guidance is generally based on OECD principles. Under the guidance the expression “business restructuring” is defined as the
See MoreNetherlands: New decree on arm’s length principle published
The Netherlands State Secretary for Finance issued Decree No. IFZ 2013/184M on 26 November 2013 (Official Gazette No. 32854) which relates to the application of the arm’s length principle and the OECD Transfer Pricing Guidelines. The revised
See MoreOECD consults on transfer pricing issues
The OECD held a public discussion on transfer pricing issues in Paris on 12 and 13 November 2013. The participants were representatives of the business world, academic institutions, non-governmental organizations, the media and the public. The
See MoreOECD: Draft Handbook on Transfer Pricing Risk Assessment
The Steering Committee of the OECD Global Forum on Transfer Pricing undertook a project on transfer pricing risk assessment in November 2011. The objective of that project was to produce a practical handbook for providing clear and detailed steps
See MoreOECD Approves Changes to Transfer Pricing Guidelines on Safe Harbours
The OECD has approved the amended section of the OECD transfer pricing guidelines concerning safe harbours. The draft revised guidelines developed by the OECD were initially published for public consultation in June 2012. Following the receipt of
See MoreOECD releases draft handbook on transfer pricing risk assessment
The OECD has released for comment a draft handbook in respect of transfer pricing risk assessment. This is intended to be a practical resource for tax administrations to follow in developing a risk assessment approach to transfer pricing issues.
See More