Multinational enterprises account for a large part of world trade and transfer pricing is an increasingly significant issue in the tax world. While the focus has traditionally been on direct taxation, transfer pricing and its implications for Customs and value-added tax (VAT) and vice versa now attract the attention of both governments and business more than ever.

Built on the outcome of the first joint conference held in May 2006, the WCO and the OECD are joining hands again to organise this second international conference that will bring together the most dynamic public and private sector specialists available to continue addressing the interaction between transfer pricing, customs and VAT.

• Become futer acquainted with transfer pricing, its role in the multinational business environment and its importance for multinational enterprises, for tax authorities and for customs administrations
  
• Appreciate the concerns raised by the business community with respect to inconsistent standards
  
• Gain a better understanding of how direct and indirect tax agencies value transfers of goods, services and intangibles between related parties or associated enterprises
  
• Get updated on the most recent initiatives of the OECD, the WCO and other international organisations on the conference topic
  
• Take cognisance of regional variations in the treatment of transfer pricing by direct tax, customs and VAT authorities
  
• Debate the two schools of thoughts on the desirability and feasibility of converging standards and coordinated administrative approaches
  
• Explore the way forward towards possible convergence
  
• Witness the launch of the joint WCO/OECD E-learning Module on Transfer Pricing and Customs Valuation.