Revised OECD TP Guidelines - the new anatomy of Chapter VIII - Cost Contribution Arrange.....

"The Organisation for Economic Co-operation and Development (“OECD”), in July 2017, issued the revised Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations (“revised guidelines”) replacing its erstwhile guidelines issued in July 2010 primarily as an outcome of the significant revisions emanating from its Base Erosion and Profit Shifting project initiated in 2013 and concluded in 2015."

Fatema Hunaid
Partner, Grant Thornton India LLP

This article appeared in Taxsutra on 21st July, 2017.