The OECD has published updated transfer pricing country profiles, reflecting the current transfer pricing legislation and practices of 20 jurisdictions.

The transfer pricing country profiles focus on countries’ domestic legislation regarding key transfer pricing aspects, including the arm’s length principle, methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, documentation, administrative approaches to avoiding and resolving disputes, safe harbours and other implementation measures.

The newly updated country profiles include two new sections. The first section relates to the transfer pricing treatment of financial transactions and the second on the application of the Authorised OECD Approach (AOA) to permanent establishments.