OECD to List Countries Adopting Simplified Transfer Pricing Rules

The OECD plans to publish a list of countries in October that will apply a simplified framework for pricing intercompany transactions.

The framework, called Amount B, is part of the global tax deal being negotiated by more than 140 countries. It seeks to simplify transfer pricing, or valuing, of wholesale marketing and distribution transactions of tangible goods between related entities.

“I think Amount B already exists and whatever country chooses to use it can do so and we will provide clarity about what countries will and the modalities around it,” Achim Pross, deputy director at the Organization for Economic Cooperation ...