The OECD public consultation on its recently released drafts on transfer pricing, by Working Party No 6, concluded last Wednesday in Paris. Delegates and speakers give their interpretation of the two-and-a-half day discussion.
The OECD held a public consultation on the transfer pricing drafts it released earlier in the year last week in Paris. Some participants felt that the OECD could consider improving aspects of how the discussions took place to facilitate a better outcome.
The OECD and business representatives explored the emphasis placed on anti-abuse provisions in the OECD’s draft on the transfer pricing aspects of intangibles today in Paris.
Working Party No 6 has been discussing the practicality of safe harbours at the public consultation on the OECD’s transfer pricing work in Paris today.
The UK Public Accounts Committee broached the subject of transfer pricing this week in its investigation about why HM Revenue & Customs (HMRC) is failing to collect enough money from foreign multinationals.