A business advisory group to the Organization for Economic Cooperation and Development has asked for clearer transfer pricing guidelines from the group to determine how intragroup payments should be priced and documented, in a letter made public Wednesday.
In the letter, dated Tuesday, Business at OECD — also known as BIAC — said guidance tweaks could improve tax certainty and avoid unnecessary compliance burdens for firms.
Read the article from Law360 here: https://www.law360.com/tax-authority/federal/articles/2509857/oecd-biz-group-asks-for-clearer-transfer-pricing-guidelines.