Additional clarification is still to be provided in the new OECD guidance on marketing intangibles
Additional clarification is still to be provided in the new OECD guidance on marketing intangibles
The Marketing Intangible Proposal presented in the OECD’s Public Consultation Document (released on February 13, 2019) does not provide taxpayers and tax administrations with a clear guidance on the potential issues arising from its application. Rather, we believe that some aspects may exacerbate the challenges of base erosion and profit shifting and contradict the result of the BEPS Actions 8-10.
Our concerns related to the Marketing Intangible Proposal focus on four overall issues:
Impact on traditional businesses
Impact on businesses with digitalised processes
Remuneration of DEMPE functions
Attribution of risks to the market jurisdiction and loss-making businesses
We provided our comments on 06 March 2019.
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