The UN Committee of Experts on International Cooperation in Tax Matters recently released advanced unedited versions of interstitial guidance on transfer pricing of agricultural products and transfer pricing in the pharmaceutical industry. --- Interstitial Guidance on Transfer Pricing of Agricultural Products Executive summary This guidance was prepared in response to the need, often expressed by developing countries, for practical advice in applying the arm's length principle to agricultural products. All tax administrations, but particularly those from developing countries, face resource and capacity constraints in a specialized area such as transfer pricing. These constraints make it important to ensure that the...