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Daily Tax Report ®
A detail in the OECD's Amount B rules would diminish the rules benefits to
developing nations, tax specialists say.
Photographer: Jens Kalaene/picture alliance via Getty Images
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March 7, 2024, 11:45 PM HST


OECD TRANSFER PRICING RULES UNDERCUT DEVELOPING COUNTRY BENEFITS

By Lauren Vella

Lauren Vella
Reporter

 * Amount B report includes political commitment
 * But agreement can be undone by small caveat

An OECD framework meant to simplify transfer pricing for some business
transactions may take the teeth out of its benefit for so-called low-capacity
jurisdictions, according to tax specialists.

The optional framework, known as Amount B, was detailed in a February OECD
report as a way to help low-capacity jurisdictions simplify the valuation of
wholesale marketing and distribution transactions between related entities.
These countries, the OECD explains, often lack the data and administrative
resources to determine the revenue companies owe from such transfer pricing.

The Organization for Economic Cooperation and Development’s framework also
included a political agreement to respect these countries’ ...


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