US makes headway on transfer pricing simplification
June 23, 2011
The US is one of six countries highlighted in an OECD survey as having measures to simplify transfer pricing that are specifically geared toward low value-added services.
The lower possible tax revenues involved make such arrangements suitable for simplification.
In July 2010, the OECD conducted a survey of 33 jurisdictions on transfer pricing simplification measures. The results of the study, titled “Multi-Country Analysis of Existing Transfer Pricing Simplification Measures,” were released this month. More than 70% of the simplification measures implemented by survey respondents were targeted at smaller-scale transactions such as small and medium-sized enterprises (SMEs) and lower-amount loans and transactions.
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