The OECD Inclusive Framework has published a report on Amount B of Pillar One and has added content from the report into the OECD Transfer Pricing Guidelines.
The OECD provides the following context: ‘Drawing from existing principles in the OECD Transfer Pricing Guidelines, Amount B provides a simplified and streamlined pricing framework that determines a return on sales for eligible distributors. This framework is expected to reduce transfer pricing disputes, compliance costs, and enhance tax certainty for tax administrations and taxpayers alike. Low-capacity jurisdictions facing limited resources and data availability will especially benefit from the administrative simplification provided by Amount B.’
The OECD Inclusive Framework has published a report on Amount B of Pillar One and has added content from the report into the OECD Transfer Pricing Guidelines.
The OECD provides the following context: ‘Drawing from existing principles in the OECD Transfer Pricing Guidelines, Amount B provides a simplified and streamlined pricing framework that determines a return on sales for eligible distributors. This framework is expected to reduce transfer pricing disputes, compliance costs, and enhance tax certainty for tax administrations and taxpayers alike. Low-capacity jurisdictions facing limited resources and data availability will especially benefit from the administrative simplification provided by Amount B.’
