The OECD Korea Tax Centre and OECD co-hosted the virtual Tax Seminar on " Auditing Multinational Enterprises" on October 26-30, 2020.

The seminar aimed to provide participants with a broad knowledge of the issues to anticipate when auditing multinational enterprises, and addressed the issue of transfer pricing (TP) and that tax authorities should consider when conducting risk assessments and tax examinations of multinational enterprises (MNEs). It provided various case studies and group discussions to help participants make the most of the practical applications in their home countries. Some of the main contents of the seminar included the creation and legal significance of a multinational enterprise (MNE), the tax principles underlying the operation of an MNE, tax avoidance and anti-avoidance strategies, the operation of tax treaties, and an introduction to transfer pricing and thin capitalization issues.

The seminar was led by Ms. Melinda Brown (OECD), and Mr. Anthony Clark (UK) participated in the seminar as expert. It was also attended by more than 50 tax officials from 20 countries in the Asia-Pacific area.