TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Transfer Pricing Guidance on Financial Transactions

The OECD published transfer pricing guidance on financial transactions which has been developed as part of Actions 4, 8–10 of the Base Erosion Profit Shifting (BEPS) Action Plan. This report is significant because it is the first time the OECD Transfer Pricing Guidelines includes guidance on the transfer pricing aspects of financial transactions. This should help with the interpretation of the arm’s length principle and avoid transfer pricing disputes and double taxation.