Transfer Pricing Highlights – September/October 2014

Thomson Reuters Tax & Accounting Newsletters, ONESOURCE September 3, 2014

Welcome to the September/October edition of the ONESOURCE Transfer Pricing newsletter, your monthly source for the latest transfer pricing news. Each edition will feature articles and insight to keep you apprised on current events in the transfer pricing industry, as well as exciting things we are working on at Thomson Reuters ONESOURCE.

We hope you find this piece informative and enjoyable! Know someone who would also be interested in this information? Contact us.

What’s New

BEPS Special Report

The OECD has released new guidance on transfer pricing documentation in response to Base Erosion and Profit Shifting (BEPS). This guidance will result in a significant shift of the overall dynamics of transfer pricing documentation. Read our latest report to learn more about these changes and how your organization can leverage intelligent technology to navigate the transfer pricing environment.

>>Read More

OECD Issues Work on Seven BEPS Actions; Tax Chief Saint-Amans Predicts Immediate Impact on Tax Planning

The OECD has released its chapters on seven of the proposed Base Erosion and Profit Shifting action plans including the chapter on intangibles and the chapter on documentation including country by country reporting.

>>Read More

British-American Tobacco Must Pay Back Profit Tax, Russian High Court Rules

The Russian affiliate of British American Tobacco had earlier been challenged on its transfer pricing by its minority shareholders. The Russian tax authorities have recently challenged its intercompany interest deductions. The various challenges to the transfer pricing show that multinationals need to be able to defend not only their intercompany pricing for goods but also other intercompany pricing issues both before the national tax authorities but also to any minority shareholders of their affiliates.

>>Read More

Ask the Transfer Pricing Expert

Question: Action 8 under the OECD Base Erosion and Profit Shifting plan is entitled, “Guidance on Transfer Pricing Aspects of Intangibles.” What are the key takeaways from this guidance?

Click here to see the answer

Upcoming Events

COST Annual Meeting
October 20 – October 22
Hollywood, FL

Be sure to add this email address to your list of accepted emails to prevent them from going in the spam folder.

If there is anything you would like to see featured or addressed, please contact us.