Feedback on the OECD’s plan to streamline transfer pricing should focus on improving the reliability of the method, to help make it as effective as possible, a Treasury official said Friday.
Architects of the plan are considering “the trade-off between reliability and simplification” as they design the part of the global tax deal known as Amount B, said Chris Bello, a senior counsel at Treasury, at a George Washington University Law School conference.
The Organization for Economic Cooperation and Development, which is leading the project, on Nov. 8 released a draft plan on Amount B for public consultation, ...