OECD Tax Talks Focus on Impact of Transfer Pricing Rules (2)

Negotiators working on simplifying rules for intercompany transactions as part of the OECD global tax deal are getting closer to agreement, but talks are ongoing over when the new rules would be used instead of existing standards, a top official said Monday.

The discussions on Amount B, as the reform is called, aren’t centered on any one issue, but on a range of issues that would determine when the rules would apply and when that application would conflict with tax authorities’ approximation of the arm’s-length standard, Manal Corwin, director of the OECD’s Center for Tax Policy and Administration, said.