Increased supply of lithium is paramount for the clean energy transition. Lithium demand has tripled since 2017, and expected to grow tenfold by 2050. This guidance, developed by the OECD in partnership with IGF, provides developing countries with practical guidance for addressing the transfer pricing challenges in pricing lithium.
[OUT NOW] OECD and IGF continue to support developing countries in addressing base erosion and profit shifting risks when pricing lithium. We have joined forces with IGFMining to support developing countries with practical guidance when addressing the transfer pricing challenges faced when pricing lithium—a critical mineral in the global energy transition. This practice note identifies the primary economic factors that can influence the pricing of lithium using transfer pricing principles (building on the transfer pricing framework in “Determining the Price of Minerals: A transfer pricing framework”). The practice note provides practical guidance for countries to accurately delineate the transaction and price lithium exports on an arm’s length basis. 🗞️📘 Read more & access the report ➡️ https://oe.cd/5Fd #BEPSinMining #OECD #IGF #mining #lithium #transferpricing #BEPS #tax4dev #OECDtax
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