TaXavvy Issue 08/2020

In this issue:

OECD Final Paper on Transfer Pricing Aspects of Financial Transactions

The OECD issued its final paper on the transfer pricing aspects of financial transactions (the OECD FT Paper) on 11 February 2020, which will form Chapter X of the OECD Guidelines. 

The new Chapter X will provide additional guidance to taxpayers on the treatment of advances obtained from (or provided to)  domestic and foreign related parties. The key principles in the OECD FT Paper are outlined in this document.

TaXavvy is a newsletter issued by PricewaterhouseCoopers Taxation Services Sdn Bhd. While every care has been taken in compiling this newsletter, we make no representations or warranty (expressed or implied) about the accuracy, suitability, reliability or completeness of the information for any purpose. PricewaterhouseCoopers Taxation Services Sdn Bhd, its employees and agents accept no liability, and disclaim all responsibility, for the consequences of anyone acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.

 

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