TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

OECD guidance on transfer pricing in COVID-19

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. The OECD have published a summary of the guidance on their website.