OECD’s public consultation on transfer pricing matters - 12-13 November 2013, Paris

Tax Insights ()
On 12-13 November 2013, the Organisation for Economic Co-operation and Development (OECD) held the eagerly anticipated public consultation on transfer pricing. The OECD mandate under Base Erosion and Profit Shifting (BEPS) requires a swift finalization of the work on intangibles and documentation, and the 12-13 November 2013 consultation meeting will be immediately followed by meetings with the WP6 country representatives only. The tight timeline does simply not allow fundamental rewrites of the Draft papers, nor their foundation as laid down in Chapters 1-3 of the OECD Transfer Pricing Guidelines.