Viacom, Disney Critical Of OECD Transfer Pricing Rules

Law360, New York (March 3, 2014, 2:10 PM EST) -- Viacom Inc. and The Walt Disney Co. are among several companies expressing concern over proposed transfer pricing rules being considered by the Organization for Economic Cooperation and Development, saying in a letter released Monday that the plan could open up multinational corporations to unwarranted scrutiny from tax authorities.

Viacom and Disney were responding to a set of OECD draft guidelines released in January that are intended to create a new international standard for documenting cross-border deals that involve transfer pricing. It is part of a broad...
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