This week, under its Base Erosion and Profit Shifting programme the OECD published two reports covering:
Directions & guidance for the approach to difficult-to-value intangible assets (BEPS Action 8).
Revised directions on the application of the transactional profit separation method (BEPS Action 10).
A similar report was revised 2015 on guidance for key areas, such as transfer pricing issues relating to transactions involving intangibles and contractual agreements. This update further clarifies and strengthens the 2015 publication.