OECD publishes 78 comments on transfer pricing guidelines for financial transactions
From: MNE Tax, September 17, 2018
The OECD on Friday published comments written in response to its July 3 discussion draft on proposed transfer pricing rules for intragroup financial transactions. Altogether, 78 comments were published by the OECD in three documents: Part 1, Part 2, and Part 3.
The July discussion draft was developed by the OECD in an effort to craft uniform transfer pricing rules for counties to follow in this contentious area. Countries are having a difficult time reaching consensus on transfer pricing rules for financial transactions. Thus, the draft seeks stakeholder feedback in an effort to move the debate forward.
Writing on behalf of BIAC, Will Morris said the OECD should reconsider moving forward with developing broad transfer pricing rules for financial transactions.