BKD, Praxity Firms Offer Input Regarding OECD Proposal
Author: Will James
On December 19, 2014, the Organisation for Economic Co-Operation and Development (OECD) released its Discussion Draft detailing Revisions to Chapter I of the Transfer Pricing Guidelines (Including Risk, Recharacterization and Special Measures). The revisions intend to provide more guidance and clarity to the OECD Transfer Pricing Guidelines, which are part of the OECD’s Base Erosion and Profit Shifting initiative to combat perceived tax avoidance and eliminate tax motivated schemes.
BKD, LLP and other members of Praxity, AISBL, the largest global alliance of independent accounting firms, provided commentary to the OECD regarding the Discussion Draft. Click here to read our commentary and responses to the OECD’s questions.
If you have questions about how the proposed changes could affect your transfer pricing arrangements, please contact your BKD advisor.