OECD releases highly anticipated draft of intangibles transfer pricing guidelines

06/22/2012 by Washington national tax services (WNTS)

The OECD on June 6 published the first public Discussion Draft of its revision of Chapter VI, Special Considerations for Intangible Property, of the OECD Transfer Pricing Guidelines. The Discussion Draft addresses numerous issues; this WNTS Insight focuses on some of the most important.

While the OECD Guidelines do not provide specific rules to be applied in a particular case, they provide broad concepts that transfer pricing authorities in many countries could use to support adjustments.

The OECD has asked the business community to submit comments on the Discussion Draft by September 14, 2012.