A Business Advisory Group was created to provide input from the business community at the early stages of the work on Business Restructurings. The Business Advisory Group met for the first time with the Secretariat in June 2006 in Washington, DC. The creation of the Business Advisory Group is by no means a substitute for a wider consultation process that will take place when the Working Group produces a discussion draft
Shortly after it started its work on the treaty and transfer pricing aspects of business restructurings, the OECD decided to set up an informal group of academics, business representatives and consultants (the “Business Advisory Group”) in order to obtain technical and factual input from the business community on the issues that are discussed by the Working Group.
In order to encourage open and constructive discussions, the Business Advisory Group does not publish any summary record.
It should be stressed that the Business Advisory Group is by no means a substitute for a wider consultation process that will take place at a later stage, when the Working Group produces a discussion draft.