OECD: Discussion Draft on transfer pricing documentation and country-by-counrty reporting


Action 13 of the BEPS – Base Erosion and Profit Shifting Action Plan released on 19 July 2013 calls for a review of the existing transfer pricing documentation rules and the development of a template for country-by-country reporting of income, taxes and economic activity for tax administrations.

An initial draft of revised guidance on transfer pricing documentation and country-by-country reporting was released for comment by interested parties on 30 Jan 2014.

The Committee on Fiscal Affairs believes that it is essential to obtain input from stakeholders on this Discussion Draft to advance the work. Specific issues on which comments would be appreciated are noted in the draft.

Comments should be submitted in writing to transferpricing@oecd.org by 23 February 2014. A public consultation event will be held at the OECD in Paris at the end of March 2014 with specifically invited persons selected from among those who provide written comments.

An open discussion of the draft with all interested persons will take place at a future date to be determined in April or May.

- Publicitate -