Bloomberg Tax
Jan. 30, 2023, 9:45 AM

Businesses Urge Broader Reach for OECD’s Transfer Pricing Plan

Isabel Gottlieb
Isabel Gottlieb

Companies are concerned they wouldn’t be able to benefit from the OECD’s plan to streamline transfer pricing unless the rules are written more broadly, business groups said.

The Organization for Economic Cooperation and Development asked for feedback last month on Amount B, a provision in the global tax deal that aims to streamline transfer pricing—or how multinationals value their related-party transactions—for certain situations. It would apply to baseline marketing and distribution activities, seeking to eliminate disputes about those relatively less contentious scenarios.

The measure has the potential to be a win for both companies and many tax authorities, particularly those ...

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