OECD releases latest edition of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations

The OECD has releases the 2022 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 valuation, for income tax purposes, of cross-border transactions between…