OECD/G20 Base Erosion and Profit Shifting Project

English
ISSN: 
2313-2612 (online)
ISSN: 
2313-2604 (print)
DOI: 
10.1787/23132612
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Addressing base erosion and profit shifting is a key priority of governments around the globe. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. Beyond securing revenues by realigning taxation with economic activities and value creation, the OECD/G20 BEPS Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to taxpayers. A key focus of this work is to eliminate double non-taxation. However in doing so, new rules should not result in double taxation, unwarranted compliance burdens or restrictions to legitimate cross-border activity.

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Guidance on Transfer Pricing Documentation and Country-by-Country Reporting

Guidance on Transfer Pricing Documentation and Country-by-Country Reporting You or your institution have access to this content

English
Click to Access: 
    http://oecd.metastore.ingenta.com/content/2314301e.pdf
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Author(s):
OECD
16 Sep 2014
Pages
48
ISBN
9789264219236 (PDF) ;9789264219229(print)
DOI: 
10.1787/9789264219236-en

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This document contains revised standards for transfer pricing documentation and a template for country-by-country reporting of revenues, profits, taxes paid and certain measures of economic activity. These new reporting provisions, and the transparency they will encourage, will contribute to the objective of understanding, controlling, and tackling BEPS behaviours. Countries participating in the BEPS project will carefully review the implementation of these new standards and will reassess no later than the end of 2020 whether modifications should be made to require reporting of additional or different data. Effective implementation of the new reporting standards and reporting rules will be essential. Additional work will be undertaken to identify the most appropriate means of filing the required information with and disseminating it to tax administrations.

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Table of Contents

Executive summary
Chapter V. Documentation
Annex I to Chapter V. Transfer pricing documentation – Master file
Annex II to Chapter V. Transfer pricing documentation – Local file
Annex III to Chapter V. A model template for the Country-by-Country Report
General instructions for Annex III to Chapter V
Specific instructions for Annex III to Chapter V

 
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