Transfer Pricing Takeaways from 2022’s MAP Statistics

The Organisation for Economic Cooperation and Development (OECD) on November 14, 2023, released the latest Mutual Agreement Procedure (MAP) statistics and awards for the calendar year ended December 31, 2022, that highlight important takeaways for multinational enterprises. In addition, for the first time, the OECD published a consolidated guide to MAP in each of the BEPS Inclusive Framework Jurisdictions — Making Dispute Resolution Mechanisms More Effective — Consolidated Information on Mutual Agreement Procedures 2023. The guide sets out an overview of each jurisdiction’s MAP policy and practices, including treaty references and Competent Authority contact details, together with an overview ...