OECD Says Emerging States Need Other Transfer Pricing Data

Law360, New York (March 11, 2014, 5:33 PM EDT) -- Developing countries that struggle to find appropriate data to conduct transfer pricing comparisons should consider using regional initiatives to pay for information database costs and use alternative evidence, says a report released Tuesday by the Organization for Economic Cooperation and Development.

Transfer pricing comparisons — which compare financial transactions between associated companies to similar transactions between independent companies — require a lot of data, but developing countries in South America, Eastern Europe and Africa often have limited access to data sources, prompting the OECD to issue...
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