Transfer Price Agreement - Tpa

http://www.deloitte.com/assets/Dcom-Ireland/Local%20Assets/Documents/Tax/TPBrochure.pdf

Transfer pricing is concerned

with the pricing of transactions

between connected companies

and is a key issue facing

multinational companies

that are operating in a global

environment of unprecedented

complexity

http://www.oecd.org/dataoecd/38/17/1909369.pdf

4

The OECD: What is it?

The OECD, which traces its roots to the Marshall Plan, groups 34

member countries committed to democratic government and the market

economy. It provides a forum where governments can compare and exchange

policy experiences, identify good practices and promote decisions and

recommendations to produce better policies for better lives.

The OECD’s mission is to promote policies that will improve the economic

and social well-being of people around the world. It provides a forum in which

governments work together to share experiences and seek solutions to

common problems. The OECD works with governments to understand what

drives economic, social and environmental change. It measures productivity

and global flows of trade and investment. It analyses and compares data to

predict future trends and sets international standards on a range of issues

from the safety of chemicals and nuclear power plants to access to bank

information for tax purposes.

The OECD also looks at issues that directly affect the lives of ordinary people,

like how much they pay in taxes and social security, and how much leisure

time they can take. It compares how different countries’ school

systems are readying their young people for modern life, and how

different countries’ pension systems will look after their citizens in

old age.

The common thread of OECD work is a shared commitment to

market economies backed by democratic institutions and focused

on the well-being of all citizens. Along the way, the OECD also makes

life harder for the terrorists, tax dodgers, corrupt...