OECD TRANSFER PRICING CHIEF PREPARES TO ADVISE ACCOUNTANTS ON VALUING MNC FINANCIAL TRANSACTIONS

THERE are few more complex accounting issues than transfer pricing (TP), and as the world’s economy becomes more integrated and tax jurisdictions impact each other, experts such as the OECD’s Tomas Balco are increasingly in demand. Heading the OECD's transfer pricing unit in the organisation's Centre for Tax Policy and Administration, Balco commands an almost encyclopaedic technical knowledge of tax. He needs it. He is managing how the OECD is negotiating and drafting new guidance on TP for financial transactions, which he hopes will be published in early ...


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