In this Insights: Transfer Pricing, we provide an update on exchange of country-by-country reports between the US and India and summarize a new guideline from the Australian Taxation Office on distributors’ operating margins.
OECD issues guidance on transfer pricing implications of COVID-19
The Guidance is not prescriptive and leaves solutions to the issues that it raises unanswered. We note that the Guidance is not binding on tax administrations...