The OECD has announced the launch of a consultation on a discussion draft on the application of the Transfer Pricing Guidelines to financial transactions. The draft deals with follow-up work in relation to Actions 8-10 (Assure that transfer pricing outcomes are in line with value creation) of the BEPS project.
The first part of the discussion draft provides guidance on the application of the principles contained in Section D.1 of Chapter I of the Transfer Pricing Guidelines to financial tra…