Ernst & Young (EY) recently conducted a Transfer Pricing Survey to determine how companies are addressing the Action Plans issued by the Organisation for Economic Co-operation and Development (OECD) under the Base Erosion and Profit Shifting (BEPS) project. The survey involved respondents in 36 jurisdictions and across 17 industries.
As a background, the BEPS project was initiated at the request of G20 countries to address issues arising from the use of old tax frameworks that do not match current practice of doing business across borders.
Apr 022017