Response to OECD discussion draft on transfer pricing documentation and country-by-country reporting

Tax Insights ()
As covered in our January 31, 2014 Tax Insight, the Organisation for Economic Cooperation and Development (OECD) released its Discussion Draft on Transfer Pricing Documentation and CbC Reporting.  The guidance from this discussion draft is intended to replace the transfer pricing documentation guidance contained in Chapter V of the OECD’s current Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations (OECD Guidelines), which was adopted in 1995.  

The discussion draft requested specific comments on a number of issues to be submitted by February 23, 2014.