On 23 May 2017, the OECD announced the release of a discussion draft on implementation guidance for hard-to-value intangibles (HTVI) based on the approach developed as part of BEPS Action 8. The discussion draft presents the principles that should underlie the implementation of the HTVI approach and provides a number of examples to clarify the implementation of the HTVI approach in different scenarios. The discussion draft also includes a section explaining the interaction between the HTVI a…