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OECD GUIDELINES

OECD publishes the consolidated version of the Transfer Pricing Guidelines for 2017 for Multinational Enterprises and Tax Administrations

The transfer pricing guidelines, published on July 10th 2017, incorporate the substantial revisions made in 2016 and 2013

 

The 2017 edition of the OECD transfer pricing guidelines incorporates the substantial revisions made in 2016 in the BEPS Reports on Actions 8-10 Aligning Transfer pricing Outcomes with Value Creation and on Action 13 Transfer Pricing Documentation and Country-by-Country Reporting.

For Colombian purposes, Law 1819 of 2016 introduced some of these recommendations, such as clarifying that the comparable uncontrolled price method is the most appropriate method for operations with commodities and, regarding transfer pricing documentation, introducing the country-by-country report, the local file and master file.