News articles written by Isabel Verlinden

OECD publishes comments on TP Comparability Data and Developing Countries paper

28 October 2014

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

BEPS: OECD is gearing up towards the September deadlines

8 September 2014

The OECD’s Action Plan on Base Erosion and Profit Shifting (BEPS) was published in July 2013 with a view to addressing perceived flaws in international tax rules. The 40-page Action Plan, which was negotiated and drafted with the active participation of the OECD member states, contains 15 separate action points or work streams, some of which are

The EU Joint Transfer Pricing Forum published the transfer pricing profiles of EU Member States.

18 April 2014

The EU Joint Transfer Pricing Forum has published various transfer pricing profiles of EU Member States on its website.  These profiles contain information for the EU Member States on the domestic transfer pricing framework and regulations, transfer pricing documentation requirements, information on dispute resolution, competent authorities’ contact details and other transfer pricing related topics. The

PwC’s comments on OECD TP documentation draft and CbC reporting

23 February 2014

PwC has released its response to the OECD’s Discussion Draft launched in the context of BEPS Action point 13. Click here to read PwC’s Comments The Discussion Draft was issued on January 30 and comments were due yesterday. A public OECD consultation meeting will follow on May 19. Needless to say that we are monitoring

EU JTPF agrees on common criteria for acceptance of compensating adjustments

13 February 2014

Download In January 2014, the EU Joint Transfer Pricing Forum (‘JTPF’) finalised its Report on Compensating Adjustments (‘the Report’). The document offers practical solutions to both EU tax administrations and taxpayers on how to deal with the issue of compensating adjustments. 1. Background  The Report is the response of the JTPF on the level of

OECD draft on transfer pricing documentation and country-by-country reporting

31 January 2014

Download Webcast Multinational enterprises (MNEs) will face materially increased compliance burdens as a result of the hotly debated proposals to report to tax administrations, on a country-by-country basis, extensive details of their income, taxes, and business activities. Further, extensive changes to the current requirements for transfer pricing documentation reporting will also add to this burden.