KPMG report: OECD’s effort to simplify transfer pricing
Discusses whether the latest OECD guidance on Amount B—intended to make transfer pricing rules simpler—hits the mark
Discusses whether the latest OECD guidance on Amount B hits the mark
The OECD on 17 July 2023 released a new consultation document on part of its global tax deal known as Amount B. The project aims to fulfill a commitment made in 2021 on base erosion and profit shifting (BEPS) to simplify and streamline the application of the arm’s length principle to baseline marketing and distribution activities.
Read a July 2023 report* [PDF 217 KB] prepared by KPMG LLP that discusses whether the latest OECD guidance on Amount B—intended to make transfer pricing rules simpler—hits the mark.
* This article originally appeared in Bloomberg Tax (25 July 2023) and is provided with permission.
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