The Organisation for Economic Cooperation and Development (OECD) today issued a release announcing a request for comments concerning a draft toolkit designed to help developing countries address the lack of comparables for transfer pricing analyses.
The OECD release notes that the “Platform for Collaboration on Tax”—a joint initiative of the IMF, OECD, UN and World Bank Group—has developed a draft toolkit designed to assist developing countries with transfer pricing analyses. The toolkit specifically addresses the ways developing countries can overcome a lack of data on “comparables,” or the market prices for goods and services transferred between members of multinational corporations.
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