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Global Tax Pact Promises to Simplify Transfer Pricing Disputes

Nov. 25, 2022, 9:46 AM

OECD officials leading negotiations on the global tax deal will soon propose a plan for ending some lengthy, expensive transfer pricing disputes under a part of the deal known as Amount B.

Amount B aims to streamline transfer pricing for certain routine functions known as baseline marketing and distribution. That could remove the need for both companies and tax authorities to spend resources on the detailed analysis, audits, and disputes that are often lengthy and expensive.

After nearly 140 countries signed the global tax agreement last year, negotiators have been working to produce rules and proposals for two of the ...