THE OECD was requested by the G8
at its Lough Erne summit "to find ways to address the concerns expressed by
developing countries on the quality and availability of the information on
comparable transactions that is needed to administer transfer pricing
effectively." The latest paper, which has been prepared by the OECD Secretariat
in conjunction with the Task Force on Tax and Development, sets out and briefly
discusses four possible approaches to addressing the concerns over the lack of
data on comparables that have been expressed by developing countries. It is an
interim draft that has been released to obtain comments, suggestions and
prioritisation of the potential measures identified in the paper. The views
expressed therein do not necessarily represent the views of the OECD member
countries.
The
paper will be discussed in two parallel sessions on the last day of the Global
Forum on Transfer Pricing meeting of 26–28 March 2014. The last day of the March
meeting of the Global Forum will be held in conjunction with the Task Force on
Tax & Development.
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