Transfer Pricing

Transfer Pricing

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  • Hans W. Waldvogel
    Hans W. Waldvogel    Premium Member   Group moderator
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    Gruppen-Newsletter: The Transfer Pricing Group
    Newsletter 3/2009

    A. Cross-border transfer of functions – German administrative principles draft

    With respect to the article issued on July, 28th at the Forum "LATEST DEVELOPMENTS IN TRANSFER PRICING" under topic "administrative principles draft for transfer of function" we want to inform you about the status quo. After the deadline for responding as to the draft of the administrative principles run out on date August, 8th German institutions IDW and DStV gave one’s opinion.

    The IDW (Institut der Wirtschaftspruefer) commended in a letter issued on August 28th, which the Federal Ministry of Finance failed the intension to eliminate the lack of clarity in conjunction with the cross - border transfer of functions (Funktionsverlagerungsverordnung). http://www.idw.de/idw/portal/d591742/index.jsp (just in German available)

    In a press release from August, 31st the DStV (Deutscher Steuerberaterverband e.V.) pointed out their critical statement to the administrative principles draft. They raise their concerns over it and pointed out in detail several soft spots.

    With the in 2008 published paper draft of transfer pricing regarding to business restructurings the OECD do not corroborate the model of the transfer of a separable part of business operations. That’s it, what such a cross-border transfer of functions simulates in the results of the ambitions of the Federal Ministry of Finance.

    According to the DStV the initial point of the Federal Ministry has to be refused. Especially against the background of the Act of combating fiscal fraud (Steuerhinterziehungsbekämpfungsgesetz) and to observing the rule of other states, it seems to be questionable to request the observance of the OECD-Standards by all other states and Germany does not fulfil the conditions.

    The published administrative principles draft also makes arrangements resulting in extensive and high priced calculations for the taxpayer. The DStV does not agree with it and demand of simplification.
    http://www.stbdirekt.de/frame/index2.asp?userid=42a21aacc317... (just in German available)

    Ulrike Wehlmann


    B. Some new books

    Elisabeth King, Transfer Pricing and Corporate Taxation
    http://www.springer.com/business/business+taxation/book/978-...

    Anuschka Bakker and Belema Obuoforibo, Transfer Pricing and Customs Valuation
    http://www.ibfd.org/portal/Product_030TPCV.htm

    Dr. Jamal Hejazi, Transfer Pricing – The Basics from a Canadian Perspective
    http://www.lexisnexis.ca/bookstore/bookinfo.php?pid=1841

    Taxation in China 2009 (in German language)
    http://www2.nwb.de/portal/content/ir/produkte/nwb_web_produk...



    C. Please have a look at this discussions

    https://www.xing.com/app/forum?op=showarticles;id=23608212;a...
    Maybe you will also look once a week to the new articles at the seminar board, the new links, the job offers and at the new members. Get into contact with them.




    D. TP group needs you!

    Please spend some minutes to give a short introduction. If you like to spend more time, comoderators are wanted! Please contact us.

    Sept 2009
    Moderation Team




    --
    Dieser Newsletter wurde von Moderator Hans W. Waldvogel für die Gruppe "Transfer Pricing" verfasst.

    Besuchen Sie hier die Gruppe: http://www.xing.com/net/tp/

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    • 14 Sep 2009, 5:23 pm