On 11 March 2014, the OECD invited comments from interested parties on the paper on Transfer Pricing Comparability Data and Developing Countries. This paper discusses four possible approaches to addressing the concerns expressed by developing countries over the lack of data on comparables (expanding access to data sources for comparables, more effective use of data sources for comparables, approaches to identifying arm’s length prices or results without reliance on direct comparables, and advance pricing agreements and mutual agreement proceedings).
The OECD has now released the public comments on this draft (which can be found here).
