OECD guidance on transfer pricing in COVID-19

Dec 21, 2020

The OECD published new guidance on the transfer pricing implications arising from the COVID-19 pandemic.  

The guidance provides clarification and support for taxpayers and tax administrations as they evaluate the application of transfer pricing rules for the period impacted by COVID-19. This further practical guidance was necessary to provide additional support during the crisis. 

The OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations continue to be relevant to help tax administrations and multinational enterprises find mutually satisfactory solutions to transfer pricing cases. 

Read the guidance here and a OECD summary of it here.