ARTICLE · 02 AUGUST 2018

The OECD Releases Discussion Draft On Financial Transactions

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The OECD invites interested parties to submit any comments on this discussion draft by 7 September 2018.

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In addition to providing guidance on a number of transfer pricing related issues relating to aligning transfer pricing outcomes with value creation, the 2015 final report on Base Erosion and Profit Shifting - Actions 8 to 10 mandated follow-up work on the transfer pricing aspects of financial transactions. The Organisation for Economic Co-operation and Development's ("OECD's") Committee on Fiscal Affairs Working Party No. 6 has produced a discussion draft that aims to clarify the application of the principles relating to intra-group financial transactions. The discussion draft was finally published on 3 July 2018. The OECD invites interested parties to submit any comments on this discussion draft by 7 September 2018.

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