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OECD transfer pricing translation is next step to ensnaring Brazil

February 07, 2012

Sophie Ashley

The OECD has translated the Transfer Pricing Guidelines for Multinational Enterprises into Portuguese, a next step in aligning the country with global best practice.

It is hoped the translation, completed by Ernst & Young, will make the guidelines more accessible to members of the Brazilian Revenue Agency, and to taxpayers, who have more difficulty translating English for taxation purposes.

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