Finland to Follow Transfer Pricing Guidelines under Action 8-10 of the OECD BEPS Project

On 22 February 2016, the Finnish tax authority published a notice that it will follow the transfer pricing guidelines developed as part of Actions 8-10 of the OECD BEPS Project as included in the final report Aligning Transfer Pricing Outcomes with Value Creation. These guidelines cover:

• Guidance for Applying the Arm's Length Principle;
• Commodity Transactions;
• Guidance on the Transactional Profit Split Method;
• Intangibles;
• Low Value-adding Intra-group Services; and
• Cost Contribution Arrange…