The OECD has released a new batch of updated transfer pricing country profiles for 12 tax jurisdictions.

The latest profiles reflect the current transfer pricing legislation and practices of Austria, Belgium, Canada, Ireland, Latvia, Lithuania, Mexico, the Netherlands, New Zealand, Singapore, South Africa, and Spain.

These latest profiles present new information on country-specific legislation and practice regarding the transfer pricing treatment of hard-to-value intangibles and the simplified and streamlined approach for baseline marketing and distribution activities, as a result of the work on Amount B as part of the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy.

The OECD has published transfer pricing country profiles since 2009.

The reports may be viewed on the OECD’s website.