On Wednesday, February 17, 2021, The Platform for Collaboration on Tax (PCT) held a webinar to launch its fourth toolkit, Practical Toolkit to Support the Successful Implementation by Developing Countries of Effective Transfer Pricing Documentation Regimes. The new PCT toolkit released on January 19, 2021, discusses the documentation recommended under the BEPS Action Item 13 Report and additional measures that tax administrations use to require taxpayers to document all stages of their transfer pricing analysis. This news piece summarizes the workshop discussions.

The Platform for Collaboration on Tax (PCT) is selected to the International Tax Review’s (ITR) Global Tax 50 in 2020-21! The list highlights the most influential figures and events in fiscal policy over the past year. Read more.

The PCT released the final version of the Practical Toolkit to Support the Successful Implementation by Developing Countries of Effective Transfer Pricing Documentation Requirements. The PCT’s new toolkit serves as a sourcebook of guidance on implementing TP documentation requirements for developing countries.

The PCT has developed a user-friendly online version of the draft Tax Treaty Negotiations Toolkit. The web-based version allows for easy access to the toolkit and will be regularly updated with new tools and be improved following feedback from users and experienced negotiators.

This year’s Tax Sunday Conference took stock of the experience of developing countries in the 5 years since the G20/OECD reached agreement on the 2015 Base Erosion and Profit Shifting (BEPS) package. The Conference was held virtually on October 18, 2020, and brought together tax experts and country authorities.