The UN has published the second edition (First edition in 2013) of a transfer pricing manual for developing countries.
The world has changed considerably since 2013, notably affected by BEPS and the OECD’s actions, including collaborating with developing countries. However, the UN notes developing countries may not have the sophistication as other developed countries, and this manual provides valuable insight into the trends in this area.
The transfer pricing practices of Mexico, China and Brazil are also summarized in this edition.
The TP Manual is a “must read” for international tax practitioners to fully understand today’s complex dynamics that do not lead to global consistency or simplification.