OECD Approves Tax Treaty Mobility, Transfer Pricing Updates (1)

The OECD’s Council blessed a raft of updates to the organization’s model tax convention, including additions to the commentary on worker mobility and a new part of its transfer pricing guidelines.

The council, comprising representatives from each of the Organization for Economic Cooperation and Development’s member countries, approved changes to clarify when an individual’s home could be considered a “place of business.”

An individual’s home, or “other relevant place” such as a second home or a rental property, will be considered a place of business if the individual ...