Martin Zetter (Macfarlanes) summarises recent developments, including the latest from the OECD’s BEPS project, as well as updates from the UK, Spain, the US and Singapore
In last month’s transfer pricing briefing I took a quick look at each of the December transfer pricing papers issued as part of BEPS. The OECD has published the comments received and followed this with a BEPS webcast on 12 February.
Readers will recall that there were three transfer pricing discussion drafts issued in December: one on risk and recharacterisation; the second on profit splits; and a third on the specialised topic of pricing commodity transactions. Of these the first is probably the most important as it goes to the heart of what the new transfer pricing guidelines will mean in...
