Martin Zetter (Macfarlanes) provides an update on the Amazon hearing in the US; plus transfer pricing news from India, Bolivia and Tanzania; and the OECD consultation on BEPS action 11
Recent developments in the transfer pricing arena are as follows.
The OECD has requested input for BEPS action 11 on establishing methodologies to collect and analyse data. It is looking to develop better indicators of the scale and economic impact of base erosion and profit shifting. It also aims to develop tools to monitor the success of the actions arising from the project. Comments for this consultation are to be submitted to OECD by 19 September 2014.
Irrespective of the data collected and the level at which it is analysed it will be difficult to adjust for the...
