The EU Joint Transfer Pricing Forum (JTPF) has published a draft report (working paper) on the use of the Profit Split Method within the EU, which was discussed during a meeting held 7 March 2019. The working paper was prepared for discussion purposes and is to be regarded as complementary to, and supportive of, the text of the OECD Revised Guidance on the application of the Transactional Profit Split Method issued in June 2018.
The paper addresses the first stage of a 2-stage process where…