OECD Updates

The OECD has come up with the following:

1. The Transfer Pricing of Intangibles: Scope of the OECD Project on 25th January, 2011. The document can be found here. The cases in India relating to Intangibles have been very limited in number till now.

2. The Global Forum on Transparency and Exchange of Information for Tax purposes, hosted by the OECD have found that the tax laws in some jurisdictions do not meet Global Standards.

The jurisdictions are: Barbados, the Seychelles, San Marino, Trinidad and Tobago, Australia, Denmark, Ireland, Norway and Mauritius

A synopsis of the findings are available here.