OECD publishes the consolidated version of the Transfer Pricing
Guidelines for 2017 for Multinational Enterprises and Tax
Administrations
The transfer pricing guidelines, published on July 10th 2017,
incorporate the substantial revisions made in 2016 and 2013
The 2017 edition of the OECD transfer pricing guidelines
incorporates the substantial revisions made in 2016 in the BEPS
Reports on Actions 8-10 Aligning Transfer pricing Outcomes with
Value Creation and on Action 13 Transfer Pricing Documentation and
Country-by-Country Reporting.
For Colombian purposes, Law 1819 of 2016 introduced some of
these recommendations, such as clarifying that the comparable
uncontrolled price method is the most appropriate method for
operations with commodities and, regarding transfer pricing
documentation, introducing the country-by-country report, the local
file and master file.
