OECD - Initial report on transfer pricing, BEPS public consultation 

November 13: The Organisation for Economic Co-operation and Development (OECD) today reported on this week’s two-day public consultation on transfer pricing topics.

According to the OECD release, the topics discussed included public comments concerning the:

  • Revised discussion draft on transfer pricing aspects of intangibles
  • White paper on transfer pricing documentation
  • The BEPS Action Plan requirement to adopt a system of country-by-country reporting of selected company financial data to tax administrations
  • The appropriate scope of other transfer pricing aspects of the BEPS Action Plan

What’s next?

After considering the discussion at the public consultation, the Working Party No. 6 of the OECD Committee on Fiscal Affairs will finalize its revised guidance on intangibles and documentation in accordance with September 2014 due date under the BEPS Action Plan.

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