OECD Approves Model Tax Treaty Mobility, Transfer Pricing Updates

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.”

The updates were needed to adapt to “modern business realities,” including companies’ shift to remote work ...