DEMPE, which stands for Development, Enhancement, Maintenance, Protection, and Exploitation, was introduced to provide additional clarity to the existing guidance on intangibles. In 2012 The Organisation for Economic Co-operation and Development (OECD) and G20 started the Base Erosion and Profit Shifting (BEPS) initiative to address perceived international tax avoidance strategies. DEMPE functional analysis was specifically outlined as a framework in the OECD’s guidance of intangibles.
Author: Royalty Range
Read more