10/07/2017 – Today, the OECD releases the 2017 edition of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations. The OECD Transfer Pricing Guidelines provide guidance on the application of the “arm’s length principle”, which represents the international consensus on the […]

This 2017 edition of the OECD Transfer Pricing Guidelines incorporates the substantial revisions made in 2016 to reflect the clarifications and revisions agreed in the 2015 BEPS Reports on Actions 8-10 Aligning Transfer pricing Outcomes with Value Creation and on Action 13 Transfer Pricing Documentation […]

Typical Challenges for SMEs Failure to keep books of accounts & records such as sale invoices, purchase invoices, credit & debit notes, customs entries, audited accounts, ledgers, cash books, bank statements, monthly Z returns, pay-in-slips and a summary of VAT […]