The OECD recently issued several updates and consultations regarding OECD projects relevant to transfer pricing that could have important consequences for multinational enterprises (MNEs). These updates are part of the OECD’s continuing efforts to provide more guidance and reach international consensus regarding the increasingly complex issues facing MNEs. This WNTS Insight discusses the most important topics addressed by the following developments:
- On November 20, the OECD published a release regarding “The OECD Work on Base Erosion and Profit Shifting”.
- On November 12-14, the OECD held a public consultation to discuss comments to its June 6, 2012, discussion draft on intangibles; and In mid-October, the OECD released its revised discussion draft on permanent establishments (PEs).