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 meeting discussed the public comments received on the Revised Discussion Draft issued earlier in the year on the Transfer Pricing Aspects of Intangibles and the comments received on the White Paper on Transfer Pricing Documentation.
The scope of the discussion also included the action plan on base erosion and profit shifting and in particular the requirement in that plan to adopt a system of reporting on a country by country basis of selected company financial data to tax administrations. The discussion also covered other transfer pricing aspects of the OECD action plan.
Following the consultation the OECD working party No 6 which is responsible for transfer pricing matters will continue its work to finalize the guidance on intangibles.
