OECD releases Transfer Pricing Guidance for COVID-19

OECD releases Transfer Pricing Guidance for COVID-19

The Organisation for Economic Co-operation and Development (OECD) released guidance on the transfer pricing implications of the COVID-19 pandemic.  Nghi Huynh from Moore Global's member company Arminino in America summarises the key points in her blog.  

On December 18, 2020, the Organisation for Economic Cooperation and Development (OECD) released guidance on the transfer pricing implications of the COVID-19 pandemic. It is intended to provide mutually satisfactory solutions to tax administrations and multinational enterprises for transfer pricing issues resulting from the pandemic.

The guidance focuses on four priority issues:
1. comparability analysis
2. allocation of losses and the allocation of COVID-19 specific costs
3. government assistance programs; and
4. advance pricing arrangements (APAs)

Who It Applies To

The guidance applies to all multinational enterprises with inter-company arrangements.


Read the full article here.

Article reference with permission from the Author Nghi Huynh.