1. Valuation of intangibles in the area of Transfer Pricing is a contentious issue and is subject to debate. The OECD met with business commentators on the valuation of intangibles for transfer pricing purposes for a seamless and consistent application of the valuation techniques. The objective is to make sure that the Transfer Pricing valuation is done in accordance with the arms length principle. The meeting is reported here.
2. The Global Forum of Transparency has added Ghana, Georgia and Nigeria to its member list (see here). OECD reports that the pressure has been kept up on the global fight against tax evasion. The updates are available here.
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