Global BV News: ‘Quite a ride’ ahead for global transfer pricing

BVWireIssue #205-2
October 9, 2019

global business valuation
transfer pricing, intangible valuation, international business valuation

In the latest issue of Bloomberg BNA’s Transfer Pricing Forum, international transfer pricing practitioners provide their insight on how the tax authorities, as well as multinationals in their jurisdictions, are preparing for the anticipated Organization for Economic Co-operation and Development (OECD) harmonized global approach to the digitalization of the economy. “Some jurisdictions have acted unilaterally, some have made failed attempts, while some have adopted a ‘wait and see’ approach,” the report says. “The one consistent theme is that we are in for quite a ride over the next few years, as the global efforts to address this topic are further developed and implemented.” The  OECD issues transfer pricing guidelines that are voluntary for member nations. The 96-page Transfer Pricing Forum document has perspectives from practitioners in 23 countries, including the U.S., U.K., China, Japan, Russia, Italy, India, Germany, France, and others.
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