Macfarlanes contributes to response on OECD’s Pillar One Amount B consultation

05 September 2023

Macfarlanes has contributed to a response to the recent consultation issued by the OECD on technical aspects of Pillar One Amount B.

There are two components of Pillar One, Amount A refers to proposals designed to allocate profits of the largest multinational groups to market jurisdictions, however this consultation focused on Amount B which put forward measures to simplify the existing transfer pricing rules for all taxpayers. The objective is to streamline the process for pricing baseline marketing and distribution activities in accordance with the arm’s length principle, thereby aiming at enhancing tax certainty and reducing resource-intensive disputes between taxpayers and tax administrations.

Read our response (member only content).

If you are not a member and would like to access this content, see below.

Get in touch