The country profiles contain up-to-date and harmonised information on key aspects of transfer pricing legislation, provided by countries themselves.

Each profile contains detailed information on current domestic legislation covering key transfer pricing principles, including the arm's length principle, transfer pricing methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, transfer pricing documentation, administrative approaches to avoiding and resolving disputes, safe harbours and other implementation measures.

So far 31 countries have provided completed profiles with documentation still pending from a number of tax jurisdictions, including Australia, China, France, Greece, India, Italy, Korea, Poland, Portugal and South Africa, among others.

The overhaul of transfer pricing guidelines, designed to curb the use of profit shifting and aggressive tax avoidance by multinationals follows the completion of the OECD/G20 project on Base Erosion and Profit Shifting (BEPS).

Many countries and jurisdictions have implemented measures to reflect the changes introduced by BEPS Action 8-10 Aligning Transfer Pricing Outcomes and Action 13 which saw the introduction of country-by-country reporting.

OECD Transfer Pricing Country Profiles are available here