The business advisory body to the OECD, BIAC, was the only representative of business at the first annual global forum on transfer pricing held by the OECD in Paris on 26 and 27 March. Chris Lenon, chairman of the BIAC Tax Committee, spoke in the opening plenary session and has given TPWeek an overview of his speech.
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The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process