Mandate: Recommendation of the Council C(95)126/FINAL as amended:
Extract of the Recommendation of the Council C(95)126/FINAL
“The Council,
[…]
III. INSTRUCTS the Committee on Fiscal Affairs:
III.1. to pursue its work on issues pertinent to transfer pricing and to issue the additions to the guidelines referred to in the 1995 Report;
III.2. to monitor the implementation of the 1995 Report in cooperation with the tax authorities of Member countries and with the participation of the business community and the recommend to the Council to amend and update, if necessary, the 1995 Report in the light of this monitoring;
III.3. to report periodically to the Council on the results of its work in these matters together with any relevant proposals for improved international cooperation;
III.4. to develop its dialogue with non-Member countries, consistently with the policy of the Organisation, with the aim of assisting them to become familiar with the 1995 Report and where appropriate encourage them to associate themselves with the 1995 Report.”