TAX LAW - February 2014 - Transfer pricing

It is considered that approximately 60% of cross-border transactions are intragroup transactions. It is not surprising, therefore, that countries are now devoting more and more attention to these transactions, in particular where pricing is concerned.
The OECD has issued recommendations to prevent misuse by companies in this field and, at the same time, governments have implemented penalties that are much more substantial so as to dissuade companies from not complying with market prices.