tag:blogger.com,1999:blog-4622776924781844427.post2487794597594482500..comments2024-03-23T13:43:27.051-04:00Comments on Tax, Society & Culture: Transfer pricing: sketchiest of the sketchy?Allisonhttp://www.blogger.com/profile/16733465339926078146noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4622776924781844427.post-40373531248189763422012-03-23T17:13:45.034-04:002012-03-23T17:13:45.034-04:00Yes, Brazil, has been an outlier in other areas, b...Yes, Brazil, has been an outlier in other areas, but eventually came around to follow OECD standards in the past--for example in accepting some version of worldwide taxation in some respects after many decades of adherence to territoriality. India appears also to be taking a more independent stance on transfer pricing. China, on the other hand, appears to follow the OECD in nominal terms at least. I haven't read extensively or met anyone who knows how it works in practice, so can't say if its like the OECD standard in practice.Allisonhttps://www.blogger.com/profile/16733465339926078146noreply@blogger.comtag:blogger.com,1999:blog-4622776924781844427.post-56936960268104674672012-03-23T09:46:18.683-04:002012-03-23T09:46:18.683-04:00Fascinating article re Brazil. Quite brazen of the...Fascinating article re Brazil. Quite brazen of them to throw caution to the wind and find an alternative to external comparables requirement. Its interesting that the framework stays as close to the OECD as possible, but obviously makes sense. What will the larger ramifications of this approach be? Will other developing economies adopt the same or a similar system? Will we see a change of tack by the OECD as economies like Brazil gain strength? Or will we see something like a BRIC alternative to the OECD one day?Christianohttps://www.blogger.com/profile/15004588876613226791noreply@blogger.com