The Organization for Economic Cooperation and Development's (OECD) Base Erosion and Profit Shifting (BEPS) project combats multinational enterprises' abusive tax activities by reducing opportunities for tax avoidance. Earlier this year, the OECD released its "2017 OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administration" which reflects the new transfer pricing approaches resulting from the 2015 BEPS plan final reports. The modifications are expected to take into effect in 2018. An additional guidance was released on July 18th to address issues regarding the implementation of country-by-country (CbC) reporting (BEPS Action 13).
Multinational corporations need to keep themselves abreast of these changes since countries with transfer pricing laws follow the OECD guidelines in most cases. They should start considering the guidelines' impact on their business and make necessary changes to their structures.
In this LIVE Webcast, a panel of distinguished professionals and thought leaders brought together by The Knowledge Group will help multinationals better understand the important aspects of this significant topic. They will provide an in-depth discussion of the OECD’s updated Guidelines and its potential effects on multinationals. Speakers will highlight best compliance practices and will also offer helpful insights in avoiding common pitfalls and risk issues.
Key topics include:
- The 2017 OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administration
- Significant Changes
- Effects of the Revised Guidelines on Multinationals
- Best Compliance Practices
- Addressing Potential Risk Issues
- Outlook for 2018