On June 19, 2018, TEI filed comments with the Organisation for Economic Co-operation and Development (OECD) regarding the OECD’s request for input on possible revisions to Chapters IV and VII of the OECD’s transfer pricing guidelines. TEI’s comments asked the OECD to minimize the risk of double taxation from cross-border transactions and applicable changes in the tax law, as well as recommending the OECD address the proper approach taxpayers should take to tax adjustments from authorities outside of traditional venues. TEI’s comments were submitted under the aegis of its European Direct Tax Committee, whose Chair is Giles Parsons. Benjamin R. Shreck, TEI Tax Counsel, coordinated the preparation of TEI’s comments.
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Committee