Thailand to Implement new transfer pricing scheme

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Initiated by the OECD in 2013 and endorsed by the G-20, the OECD’s “Action Plan to Address Base Erosion and Profit Shifting (BEPS)” includes 15 key areas to encourage more transparency, better reporting and more cooperation between countries in which multinational companies operate. {read: money is ‘slipping away’ from high tax jurisdictions through transfer pricing […]