The OECD has published a new documentation package for the International Compliance Assurance Programme (ICAP). ICAP is a voluntary risk assessment and assurance programme to facilitate open and cooperative multilateral engagements between MNE groups and tax administrations in jurisdictions where they have activities. This involves support for the effective use of transfer pricing documentation, including Country-by-Country reports. The ICAP documentation package includes two parts: the Selection Documentation Package, which is provided at the time of applying to ICAP, and the Main Documentation Package, which is provided before the risk assessment commences. In particular, the Selection Documentation Package includes: Submission checklist...