Tax & Accounting Blog

OECD on Comparability Data for Developing Nations – Cart Before the Horse?

OECD on Comparability Data for Developing Nations – Cart Before the Horse?

The OECD recently released their draft paper titled Transfer Pricing Comparability Data and Developing Countries, which asks several important questions.  As I read this document, my two questions were: Is the OECD’s apparent call for having the choice of transfer pricing methodology being dependent on the nature of available data putting the cart … Read More

Transfer Pricing brings global industry experts together as it continues to be center stage for multinationals

Transfer Pricing brings global industry experts together as it continues to be center stage for multinationals

This year’s IBC International Transfer Pricing Summit (TP Minds) in London continued to highlight the debate that is currently raging across the tax profession: “Base Erosion and Profit Shifting.” BEPS is the current focus of the OECD which has produced a series of reports that could have a major impact on the taxation of … Read More

Operational Transfer Pricing – Going from the Tax Provision to New Documentation Requirements

Operational Transfer Pricing – Going from the Tax Provision to New Documentation Requirements

As your CFO worked with your company’s financial auditors to prepare for the filing of your 10-K, you may have been tasked with the tax provision under ASC 740-10 (formerly FIN 48).  As a multinational corporation, your financial auditors are likely asking a lot of questions as to whether your intercompany pricing … Read More

OECD Base Erosion and Profit Shifting Ship Sailing Full Steam Ahead

OECD Base Erosion and Profit Shifting Ship Sailing Full Steam Ahead

Panelists from the OECD, United States Department of the Treasury, and Her Majesty’s Treasury speaking at the Tax Center Policy Institute’s (“TCPI”) annual symposium in Washington, D.C. clearly messaged that the OECD’s action plan on Base Erosion and Profit Shifting, or “BEPS” as it’s been abbreviated by the tax industry, is … Read More

Watch the Video – Event Insights from the TP Minds Americas Summit

Watch the Video – Event Insights from the TP Minds Americas Summit

Last week, the ONESOURCE Transfer Pricing team attended IBC’s TP Minds Americas Transfer Pricing Summit at the Biltmore Hotel in sunny Miami! This two-day event was packed with insights from transfer pricing practitioners on a variety of topics that are top of mind for the new year. Policy makers,  tax authorities, and over 30 transfer … Read More