We would like to inform you that our company will organise a seminar for international regulation regarding tax base erosion and profit shifting (BEPS) and for the new edition of ‘’OECD Guidelines’’
Transfer prices, as a phenomenon which is a consequence of the global economic development and the emergence of large multinational companies, bring large risks because of conflicted interests of tax authorities and multinational companies. Tax authorities aim to increase its revenue on one hand and on the other hand multinational companies aim to pay lower income tax. ‘’OECD Guidelines’’ is the international document, on the basis of which national tax authorities, including tax authorities of Republic of Serbia, adjust their regulation in transfer pricing. Having this fact in mind, as well as article 61a of Corporate Income Tax according to which Minister of finance regulates more closely the area of transfer pricing relying on OECD sources, changes in domestic regulation of transfer pricing can be expected after the new edition of ‘’OECD Guidelines’’, published in July 2017.