Transfer Pricing Rules Possible Survivor of Trump OECD Pullback

President Donald Trump’s memo on his first day in office dampened prospects for much of the global tax deal—except for one part of the deal proposing a simpler transfer pricing method known as Amount B.

The memo directed the Treasury secretary and the US permanent representative to the OECD to notify the organization that any agreements made by the Biden administration on the global tax deal will have “no force or effect within the United States absent an act by the Congress adopting the relevant provisions” of the deal.

If the global deal is scrapped, Amount B has a chance ...