Simplification in transfer pricing: a plea for the enactment of rebuttable predetermined margins and methods within developing countries Articles
Overview
published in
- Florida Tax Review Journal
publication date
- December 2019
start page
- 755
end page
- 788
issue
- 3
volume
- 22
full text
International Standard Serial Number (ISSN)
- 1066-3487
abstract
-
It is the aim of this contribution to sustain that, despite the inherent complexity that the enforcement of the arm's length rationale entails, it is
feasible-and desirable-to introduce simplification measures without
abandoning this worldwide accepted standard, especially in the context
of developing countries and despite reticence shown by international
organizations such as the OECD. Complexity in transfer pricing erodes
fairness and equity and promotes profit shifting, which paradoxically
constitutes the opposite outcome that this set of rules wants to achieve.
This is the reason why it is urgent to propose and encourage the adoption of a means to neutralize unnecessary complexity in this field. The
adoption of rebuttable predetermined margins and/or methods is proposed as the best solution in a context in which policymakers want to
keep the arm's length rationale intact. Also, even despite its shortcomings, irrebuttable predetermined safe harbors should be considered
potentially feasible and a valid policy option.
Classification
subjects
- Law