• Service: Tax, Global Transfer Pricing Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 5/9/2014

OECD - Public consultation on transfer pricing documentation, country-by-country reporting 

May 9: The Organisation for Economic Co-operation and Development (OECD) today announced that a public consultation will take place 19 May 2014, for further consideration of transfer pricing documentation and country-by-country reporting—pursuant to a discussion draft under the BEPS (base erosion and profiting shifting) Action 13.


Action 13 of the BEPS Action Plan calls for a review of the existing transfer pricing documentation rules and the development of a template for country-by-country reporting of income, taxes, and economic activity for tax administrations.

An OECD discussion draft (January 2014) contains revised guidance on transfer pricing documentation and country-by-country reporting. Written comments that were received by 23 February 2014 were discussed by Working Party No. 6 of the Committee on Fiscal Affairs at its March 2014 meeting. Further discussions will take place during the Working Party’s May 2014 meetings.

The public consultation on 19 May 2014 will allow for further consideration of the discussion draft.

Contact a tax professional with KPMG's Global Transfer Pricing Services.

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