Weekly transfer pricing roundup – 10 July 2017

The new transfer pricing guidelines will be released today. Now if that didn’t bring a smile to your face, I am not sure what will on a Monday morning. Last week, Barbados joined the inclusive framework as the 101st jurisdiction and Mauritius signed the multilateral convention to tackle tax avoidance by multinational enterprise. Hopefully, Mauritius won’t take too long to implement this in their law but this BEPS thing is moving along faster and faster. It feels like yesterday when we received thousands of pages to read from the OECD and actual implementation was still years away. Now, in six months time most larger MNEs will have to file CbC reporting, master files and local files. There are still some teething problems but the train has left the station. Continue reading “Weekly transfer pricing roundup – 10 July 2017”