The two day conference which took place in June highlighted the work of the OECD in the development of national tax policy and international tax arrangements governing cross-border trade and investment.

The conference, titled “New OECD International Tax Initiatives: Looking Ahead,” sought to provide American business with the opportunity to interact directly with key representatives from the OECD and its Center for Tax Policy and Administration.

Among the topics up for discussion were:

• attribution of profits to permanent establishments;
• the application of the transfer pricing guidelines;
• issues arising from business restructurings;
• cooperation and information exchange in international tax administration;
• other tax treaty topics, such as the non-discrimination principle and collective investment vehicles;
• current OECD work on cross-border services, and the OECD's dispute resolution report.

If you have US clients, you can access further information at http://www.oecd.org/document/10/0,3343,en_2649_37427_38730826_1_1_1_37427,00.html