Transfer Pricing Documentation and Country-by-Country Reporting, Action 13 - 2015 Final Report / Organisation for Economic Co-operation and Development.

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development

Contributor:

SourceOECD (Online service)

Series:

OECD/G20 Base Erosion and Profit Shifting Project 23132612.

Language:

English

Subjects (All):

Taxation.

Physical Description:

1 online resource (72 pages).

Place of Publication:

Paris : OECD Publishing, 2015.

System Details:

text file

Summary:

This report contains revised standards for transfer pricing documentation incorporating a master file, local file, and a template for country-by-country reporting of revenues, profits, taxes paid and certain measures of economic activity. The revised standardised approach will require taxpayers to articulate consistent transfer pricing positions and will provide tax administrations with useful information to assess transfer pricing and other BEPS risks, make determinations about where audit resources can most effectively be deployed, and, in the event audits are called for, provide information to commence and target audit enquiries. Country-by-country reports will be disseminated through an automatic government-to-government exchange mechanism. The implementation package included in this report sets out guidance to ensure that the reports are provided in a timely manner, that confidentiality is preserved and that the information is used appropriately, by incorporating model legislation and model Competent Authority Agreements forming the basis for government-to-government exchanges of the reports.

Notes:

Title from title screen (viewed May 1, 2017).

ISBN:

9789264241480

Access Restriction:

Restricted for use by site license.