On 22 February 2016, the Finnish tax authority published a notice that it will follow the transfer pricing guidelines developed as part of Actions 8-10 of the OECD BEPS Project as included in the final report Aligning Transfer Pricing Outcomes with Value Creation. These guidelines cover:
- Guidance for Applying the Arm's Length Principle;
- Commodity Transactions;
- Guidance on the Transactional Profit Split Method;
- Intangibles;
- Low Value-adding Intra-group Services; and
- Cost Contribution Arrange…