The joint IMF, OECD, UN and World Bank Group ‘platform for collaboration on tax’ is consulting until 8 November 2019 on a draft toolkit to help developing countries implement effective transfer-pricing documentation requirements.
The toolkit takes into account current international approaches and country practices for transfer-pricing documentation and discusses various policy considerations and options to guide developing countries.
Besides asking for comments on any documentation requirements not covered, or additional tools that would be useful, the consultation seeks views on enforcement measures such as penalties or other compliance incentives that are beneficial for limited capacity developing countries.
This is the latest in a series of toolkits developed at the request of the G20. Previous instances have covered: tax incentives; addressing difficulties in accessing comparable data for transfer pricing analyses; and external support for building tax capacity in developing countries. See bit.ly/2ndKaHK.
The joint IMF, OECD, UN and World Bank Group ‘platform for collaboration on tax’ is consulting until 8 November 2019 on a draft toolkit to help developing countries implement effective transfer-pricing documentation requirements.
The toolkit takes into account current international approaches and country practices for transfer-pricing documentation and discusses various policy considerations and options to guide developing countries.
Besides asking for comments on any documentation requirements not covered, or additional tools that would be useful, the consultation seeks views on enforcement measures such as penalties or other compliance incentives that are beneficial for limited capacity developing countries.
This is the latest in a series of toolkits developed at the request of the G20. Previous instances have covered: tax incentives; addressing difficulties in accessing comparable data for transfer pricing analyses; and external support for building tax capacity in developing countries. See bit.ly/2ndKaHK.
