Clive Tietjen and Alison Lobb review three new discussion drafts published by the OECD.
The OECD has published three discussion drafts on transfer pricing matters inviting comments by 14 September 2012. These cover (1) the pricing of intangibles (2) the use of safe harbours and (3) timing issues; and propose updates to the OECD’s existing Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations (the OECD guidelines). The discussion draft on intangibles is the longest and most significant the latest step in an important ongoing project.
The UK’s legislation incorporates the OECD model: UK transfer pricing rules have to...
