G20 leaders are keen to reform
transfer pricing but there's less enthusiasm from tax advisers, says
Santhie Goundar ACA
At the meeting of the G20 finance ministers in Moscow on 15
February 2013, the leaders pledged that tax avoidance by multinational
entities would be tackled. In a statement, the G20 said: 'We are determined
to develop measures to address base erosion and profit shifting, take
necessary collective actions and look forward to the comprehensive
action plan the OECD [Organisation for Economic Cooperation and Development]
will present to us in July.'
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