Industry backs OECD proposals on transfer pricing methods
May 15, 2008
Responses to consultation paper support wide use of transactional profits methodologies
The OECD has published a set of industry responses to its January 2008 consultation document on transactional profits methods. The general line of most of the responses was to back the OECD line although there was some debate over specific technical aspects of the proposals and in some areas advisers, in particular, wanted a requirement for more detail in reporting. In the main, the responses came from big-four accountancy practices, international law firms, transfer pricing boutiques and industry trade bodies.
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