The Dutch State Secretary for Finance recently issued a decree regarding the implementation of Amount B relating to the simplification of transfer pricing rules under Pillar 1. Amount B provides a simplified and streamlined approach for pricing certain controlled transactions involving baseline marketing and distribution activities. According to the decree, the Netherlands will not implement Amount B for domestic taxpayers engaged in routine marketing and distribution activities. However, the Netherlands has committed to accepting the outcome of the application of Amount B when applied correctly by an affiliate in a covered jurisdiction that has implemented Amount B and has a...