OECD: Toolkit to address lack of comparables | KPMG | BE
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OECD: Toolkit for “developing countries” to address lack of comparables

OECD: Toolkit to address lack of comparables

The Organisation for Economic Cooperation and Development (OECD) announced that the “Platform for Collaboration on Tax”—a joint initiative of the International Monetary Fund (IMF), the OECD, the United Nations (UN), and the World Bank—released a toolkit in an effort to provide practical guidance to “developing countries” as they address transfer pricing issues.


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The toolkit, “Addressing Difficulties in Accessing Comparables Data for Transfer Pricing Analyses” [PDF 2.4 MB] addresses the ways developing countries can overcome a lack of data needed to implement transfer pricing rules. 

The data is needed to determine whether the prices the enterprise uses accord with those which would be expected between independent parties. The guidance will help countries set rules and practices. Because the pricing of transactions between related parties in the extractive industries is an issue of particular relevance to many developing countries, the toolkit also addresses the information gaps on prices of minerals sold in an intermediate form (such as concentrates).

The delivery of the toolkit coincides with the third meeting of the “inclusive framework” on base erosion and profit shifting (BEPS) being held this week. Read a related OECD release.

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