Comments received on the
discussion draft of proposed modifications to Chapter VII of the transfer pricing
guidelines relating to low value-adding intra-group services (BEPS Action 10)
On 3 November 2014, the OECD invited comments from interested parties on the discussion draft of proposed modifications to Chapter VII of the Transfer Pricing Guidelines covering low value-adding intra-group services relating to Action 10 of the BEPS Action Plan.
The OECD is grateful to the commentators for their input, and now publishes the comments received.
Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.