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OECD Meets with Business Commentators on the Scoping of its Project on the Transfer Pricing Aspects of Intangibles

Almost 50 contributions were received from the public in response to the OECD's July 2010 call for comments on the scoping of the new project on the Transfer Pricing Aspects of Intangibles to be undertaken in 2011.

The OECD recently met with commentators from the private sector to discuss the comments received and the scoping of this project. The goal of the project on the transfer pricing aspects of intangibles is to provide more clarity and certainty for taxpayers and governments and greater international consensus, and thereby minimise the risks of double taxation. The OECD intends to post information on its website in January 2011 on the scope of the project.

The Special Session on the Transfer Pricing Aspects of Intangibles will start substantive discussions of the issues included in the scope of its project at its next meeting in March 2011, and hopes to be able to release a discussion draft for public comment towards the end of 2013.

For full details see http://www.oecd.org/document/3/0,3343,en_2649_33753_46376835_1_1_1_1,00.html