diff --git a/src/Microsoft.AspNetCore.OData/Extensions/HttpRequestExtensions.cs b/src/Microsoft.AspNetCore.OData/Extensions/HttpRequestExtensions.cs
index 83beb1bc1..5ed748969 100644
--- a/src/Microsoft.AspNetCore.OData/Extensions/HttpRequestExtensions.cs
+++ b/src/Microsoft.AspNetCore.OData/Extensions/HttpRequestExtensions.cs
@@ -11,6 +11,7 @@
 using Microsoft.AspNetCore.Http;
 using Microsoft.AspNetCore.OData.Abstracts;
 using Microsoft.AspNetCore.OData.Common;
+using Microsoft.AspNetCore.OData.Formatter;
 using Microsoft.AspNetCore.OData.Formatter.Deserialization;
 using Microsoft.AspNetCore.OData.Query;
 using Microsoft.Extensions.DependencyInjection;
@@ -71,6 +72,44 @@ public static ODataOptions ODataOptions(this HttpRequest request)
             return request.HttpContext.ODataOptions();
         }
 
+        /// <summary>
+        /// Returns the <see cref="OmitValuesKind"/> from the request.
+        /// </summary>
+        /// <param name="request">The <see cref="HttpRequest"/> instance to access.</param>
+        /// <returns>The <see cref="OmitValuesKind"/> from the request.</returns>
+        public static OmitValuesKind GetOmitValuesKind(this HttpRequest request)
+        {
+            if (request == null)
+            {
+                throw Error.ArgumentNull(nameof(request));
+            }
+
+            // The 'Prefer' header from client has the top priority
+            string preferHeader = RequestPreferenceHelpers.GetRequestPreferHeader(request.Headers);
+            if (preferHeader != null)
+            {
+                // use case insensitive string comparison
+                if (preferHeader.Contains("omit-values=nulls", StringComparison.OrdinalIgnoreCase))
+                {
+                    return OmitValuesKind.Nulls;
+                }
+
+                if (preferHeader.Contains("omit-values=defaults", StringComparison.OrdinalIgnoreCase))
+                {
+                    return OmitValuesKind.Defaults;
+                }
+            }
+
+            // If there's no setting from client, we move to use the configuration on the OData options.
+            ODataOptions options = request.ODataOptions();
+            if (options == null)
+            {
+                return OmitValuesKind.Unknown;
+            }
+
+            return options.OmitValuesKind;
+        }
+
         /// <summary>
         /// Gets the <see cref="IEdmModel"/> from the request container.
         /// </summary>
diff --git a/src/Microsoft.AspNetCore.OData/Formatter/ODataOutputFormatter.cs b/src/Microsoft.AspNetCore.OData/Formatter/ODataOutputFormatter.cs
index d9255bfed..9ca27dae5 100644
--- a/src/Microsoft.AspNetCore.OData/Formatter/ODataOutputFormatter.cs
+++ b/src/Microsoft.AspNetCore.OData/Formatter/ODataOutputFormatter.cs
@@ -209,6 +209,9 @@ public override void WriteResponseHeaders(OutputFormatterWriteContext context)
 
             // Add version header.
             response.Headers["OData-Version"] = ODataUtils.ODataVersionToString(request.GetODataVersion());
+
+            // Set the prefer-applied header on response
+            ResponsePreferenceHelpers.SetResponsePreferAppliedHeader(response);
         }
 
         /// <inheritdoc/>
diff --git a/src/Microsoft.AspNetCore.OData/Formatter/ODataOutputFormatterHelper.cs b/src/Microsoft.AspNetCore.OData/Formatter/ODataOutputFormatterHelper.cs
index 57d28ab60..787071ff7 100644
--- a/src/Microsoft.AspNetCore.OData/Formatter/ODataOutputFormatterHelper.cs
+++ b/src/Microsoft.AspNetCore.OData/Formatter/ODataOutputFormatterHelper.cs
@@ -8,7 +8,6 @@
 using System;
 using System.Collections.Generic;
 using System.Diagnostics.CodeAnalysis;
-using System.Diagnostics.Contracts;
 using System.IO;
 using System.Linq;
 using System.Runtime.Serialization;
@@ -24,7 +23,6 @@
 using Microsoft.Net.Http.Headers;
 using Microsoft.OData;
 using Microsoft.OData.Edm;
-using Microsoft.OData.ModelBuilder;
 using Microsoft.OData.UriParser;
 
 namespace Microsoft.AspNetCore.OData.Formatter
@@ -142,6 +140,7 @@ internal static async Task WriteToStreamAsync(
                 writeContext.MetadataLevel = metadataLevel;
                 writeContext.QueryOptions = queryOptions;
                 writeContext.SetComputedProperties(queryOptions?.Compute?.ComputeClause);
+                writeContext.OmitValuesKind = request.GetOmitValuesKind();
 
                 //Set the SelectExpandClause on the context if it was explicitly specified.
                 if (selectExpandDifferentFromQueryOptions != null)
diff --git a/src/Microsoft.AspNetCore.OData/Formatter/OmitValuesKind.cs b/src/Microsoft.AspNetCore.OData/Formatter/OmitValuesKind.cs
new file mode 100644
index 000000000..af92407c3
--- /dev/null
+++ b/src/Microsoft.AspNetCore.OData/Formatter/OmitValuesKind.cs
@@ -0,0 +1,33 @@
+//-----------------------------------------------------------------------------
+// <copyright file="OmitValuesKind.cs" company=".NET Foundation">
+//      Copyright (c) .NET Foundation and Contributors. All rights reserved.
+//      See License.txt in the project root for license information.
+// </copyright>
+//------------------------------------------------------------------------------
+
+namespace Microsoft.AspNetCore.OData.Formatter
+{
+    /// <summary>
+    /// Omit-Values kind
+    /// </summary>
+    public enum OmitValuesKind
+    {
+        /// <summary>
+        /// Not set, unknown
+        /// </summary>
+        Unknown,
+
+        /// <summary>
+        /// If nulls is specified, then the service MAY omit properties containing null values from the response,
+        /// in which case it MUST specify the Preference-Applied response header with omit-values=nulls.
+        /// </summary>
+        Nulls,
+
+        /// <summary>
+        /// If defaults is specified, then the service MAY omit properties containing default values from the response, including nulls for properties that have no other defined default value.
+        /// Nulls MUST be included for properties that have a non-null default value defined.
+        /// If the service omits default values it MUST specify the Preference-Applied response header with omit-values=defaults.
+        /// </summary>
+        Defaults
+    }
+}
diff --git a/src/Microsoft.AspNetCore.OData/Formatter/ResponsePreferenceHelpers.cs b/src/Microsoft.AspNetCore.OData/Formatter/ResponsePreferenceHelpers.cs
new file mode 100644
index 000000000..e05f8d5a8
--- /dev/null
+++ b/src/Microsoft.AspNetCore.OData/Formatter/ResponsePreferenceHelpers.cs
@@ -0,0 +1,55 @@
+//-----------------------------------------------------------------------------
+// <copyright file="ResponsePreferenceHelpers.cs" company=".NET Foundation">
+//      Copyright (c) .NET Foundation and Contributors. All rights reserved.
+//      See License.txt in the project root for license information.
+// </copyright>
+//------------------------------------------------------------------------------
+
+using System.Linq;
+using Microsoft.AspNetCore.Http;
+using Microsoft.AspNetCore.OData.Extensions;
+using Microsoft.Extensions.Primitives;
+
+namespace Microsoft.AspNetCore.OData.Formatter
+{
+    internal static class ResponsePreferenceHelpers
+    {
+        public const string PreferAppliedHeaderName = "Preference-Applied";
+
+        public static void SetResponsePreferAppliedHeader(HttpResponse response)
+        {
+            if (response == null)
+            {
+                throw Error.ArgumentNull(nameof(response));
+            }
+
+            HttpRequest request = response.HttpContext.Request;
+
+            OmitValuesKind omitValuesKind = request.GetOmitValuesKind();
+            if (omitValuesKind == OmitValuesKind.Unknown)
+            {
+                return;
+            }
+
+            string prefer_applied = null;
+            if (response.Headers.TryGetValue(PreferAppliedHeaderName, out StringValues values))
+            {
+                // If there are many "Preference-Applied" headers, pick up the first one.
+                prefer_applied = values.FirstOrDefault();
+            }
+
+            string omitValuesHead = omitValuesKind == OmitValuesKind.Nulls ?
+                "omit-values=nulls" :
+                "omit-values=defaults";
+
+            if (prefer_applied == null)
+            {
+                response.Headers[PreferAppliedHeaderName] = omitValuesHead;
+            }
+            else
+            {
+                response.Headers[PreferAppliedHeaderName] = $"{prefer_applied},{omitValuesHead}";
+            }
+        }
+    }
+}
diff --git a/src/Microsoft.AspNetCore.OData/Formatter/Serialization/ODataResourceSerializer.cs b/src/Microsoft.AspNetCore.OData/Formatter/Serialization/ODataResourceSerializer.cs
index 297e152e4..c8e4ca79a 100644
--- a/src/Microsoft.AspNetCore.OData/Formatter/Serialization/ODataResourceSerializer.cs
+++ b/src/Microsoft.AspNetCore.OData/Formatter/Serialization/ODataResourceSerializer.cs
@@ -749,16 +749,16 @@ private async Task WriteDynamicComplexPropertiesAsync(ResourceContext resourceCo
                 if (edmTypeReference.IsStructured() ||
                     (edmTypeReference.IsCollection() && edmTypeReference.AsCollection().ElementType().IsStructured()))
                 {
-                    ODataNestedResourceInfo nestedResourceInfo = new ODataNestedResourceInfo
-                    {
-                        IsCollection = edmTypeReference.IsCollection(),
-                        Name = dynamicComplexProperty.Key,
-                    };
+                    ODataNestedResourceInfo nestedResourceInfo
+                        = CreateDynamicComplexNestedResourceInfo(dynamicComplexProperty.Key, dynamicComplexProperty.Value, edmTypeReference, resourceContext);
 
-                    await writer.WriteStartAsync(nestedResourceInfo).ConfigureAwait(false);
-                    await WriteDynamicComplexPropertyAsync(dynamicComplexProperty.Value, edmTypeReference, resourceContext, writer)
-                        .ConfigureAwait(false);
-                    await writer.WriteEndAsync().ConfigureAwait(false);
+                    if (nestedResourceInfo != null)
+                    {
+                        await writer.WriteStartAsync(nestedResourceInfo).ConfigureAwait(false);
+                        await WriteDynamicComplexPropertyAsync(dynamicComplexProperty.Value, edmTypeReference, resourceContext, writer)
+                            .ConfigureAwait(false);
+                        await writer.WriteEndAsync().ConfigureAwait(false);
+                    }
                 }
             }
         }
@@ -834,16 +834,14 @@ private async Task WriteComplexPropertiesAsync(SelectExpandNode selectExpandNode
             {
                 IEdmStructuralProperty complexProperty = selectedComplex.Key;
 
-                ODataNestedResourceInfo nestedResourceInfo = new ODataNestedResourceInfo
+                ODataNestedResourceInfo nestedResourceInfo = CreateComplexNestedResourceInfo(complexProperty, selectedComplex.Value, resourceContext);
+                if (nestedResourceInfo != null)
                 {
-                    IsCollection = complexProperty.Type.IsCollection(),
-                    Name = complexProperty.Name
-                };
-
-                await writer.WriteStartAsync(nestedResourceInfo).ConfigureAwait(false);
-                await WriteComplexAndExpandedNavigationPropertyAsync(complexProperty, selectedComplex.Value, resourceContext, writer)
-                    .ConfigureAwait(false);
-                await writer.WriteEndAsync().ConfigureAwait(false);
+                    await writer.WriteStartAsync(nestedResourceInfo).ConfigureAwait(false);
+                    await WriteComplexAndExpandedNavigationPropertyAsync(complexProperty, selectedComplex.Value, resourceContext, writer)
+                        .ConfigureAwait(false);
+                    await writer.WriteEndAsync().ConfigureAwait(false);
+                }
             }
         }
 
@@ -960,6 +958,66 @@ private IEnumerable<ODataNestedResourceInfo> CreateNavigationLinks(
             }
         }
 
+        /// <summary>
+        /// Creates the <see cref="ODataNestedResourceInfo"/> to be written while writing this dynamic complex property.
+        /// </summary>
+        /// <param name="propertyName">The dynamic property name.</param>
+        /// <param name="propertyValue">The dynamic property value.</param>
+        /// <param name="edmType">The edm type reference.</param>
+        /// <param name="resourceContext">The context for the complex instance being written.</param>
+        /// <returns>The nested resource info to be written. Returns 'null' will omit this serialization.</returns>
+        /// <remarks>It enables customer to get more controll by overriding this method. </remarks>
+        public virtual ODataNestedResourceInfo CreateDynamicComplexNestedResourceInfo(string propertyName, object propertyValue, IEdmTypeReference edmType, ResourceContext resourceContext)
+        {
+            if (edmType == null)
+            {
+                throw Error.ArgumentNull(nameof(edmType));
+            }
+
+            return new ODataNestedResourceInfo
+            {
+                IsCollection = edmType.IsCollection(),
+                Name = propertyName,
+            };
+        }
+
+        /// <summary>
+        /// Creates the <see cref="ODataNestedResourceInfo"/> to be written while writing this complex property.
+        /// </summary>
+        /// <param name="complexProperty">The complex property for which the nested resource info is being created.</param>
+        /// <param name="pathSelectItem">The corresponding sub select item belongs to this complex property.</param>
+        /// <param name="resourceContext">The context for the complex instance being written.</param>
+        /// <returns>The nested resource info to be written. Returns 'null' will omit this complex serialization.</returns>
+        /// <remarks>It enables customer to get more controll by overriding this method. </remarks>
+        public virtual ODataNestedResourceInfo CreateComplexNestedResourceInfo(IEdmStructuralProperty complexProperty, PathSelectItem pathSelectItem, ResourceContext resourceContext)
+        {
+            if (complexProperty == null)
+            {
+                throw Error.ArgumentNull(nameof(complexProperty));
+            }
+
+            if (resourceContext == null)
+            {
+                throw Error.ArgumentNull(nameof(resourceContext));
+            }
+
+            
+            if (resourceContext.SerializerContext.OmitValuesKind == OmitValuesKind.Nulls)
+            {
+                object propertyValue = resourceContext.GetPropertyValue(complexProperty.Name);
+                if (propertyValue == null || propertyValue is NullEdmComplexObject)
+                {
+                    return null;
+                }
+            }
+
+            return new ODataNestedResourceInfo
+            {
+                IsCollection = complexProperty.Type.IsCollection(),
+                Name = complexProperty.Name
+            };
+        }
+
         /// <summary>
         /// Creates the <see cref="ODataNestedResourceInfo"/> to be written while writing this entity.
         /// </summary>
@@ -978,6 +1036,15 @@ public virtual ODataNestedResourceInfo CreateNavigationLink(IEdmNavigationProper
                 throw Error.ArgumentNull(nameof(resourceContext));
             }
 
+            if (resourceContext.SerializerContext.OmitValuesKind == OmitValuesKind.Nulls)
+            {
+                object propertyValue = resourceContext.GetPropertyValue(navigationProperty.Name);
+                if (propertyValue == null)
+                {
+                    return null;
+                }
+            }
+
             ODataSerializerContext writeContext = resourceContext.SerializerContext;
             IEdmNavigationSource navigationSource = writeContext.NavigationSource;
             ODataNestedResourceInfo navigationLink = null;
@@ -1160,6 +1227,21 @@ public virtual ODataProperty CreateStructuralProperty(IEdmStructuralProperty str
 
             object propertyValue = resourceContext.GetPropertyValue(structuralProperty.Name);
 
+            if (resourceContext.SerializerContext.OmitValuesKind == OmitValuesKind.Nulls && propertyValue == null)
+            {
+                return null; // omit null value
+            }
+
+            if (resourceContext.SerializerContext.OmitValuesKind == OmitValuesKind.Defaults &&
+                structuralProperty.DefaultValueString != null &&
+                structuralProperty.Type.IsString() && propertyValue != null) // let's focus on the "Edm.String" property only, NOW!!
+            {
+                if (propertyValue.ToString() == structuralProperty.DefaultValueString)
+                {
+                    return null; // omit default value
+                }
+            }
+
             IEdmTypeReference propertyType = structuralProperty.Type;
             if (propertyValue != null)
             {
diff --git a/src/Microsoft.AspNetCore.OData/Formatter/Serialization/ODataSerializerContext.cs b/src/Microsoft.AspNetCore.OData/Formatter/Serialization/ODataSerializerContext.cs
index 725a1d525..d132be239 100644
--- a/src/Microsoft.AspNetCore.OData/Formatter/Serialization/ODataSerializerContext.cs
+++ b/src/Microsoft.AspNetCore.OData/Formatter/Serialization/ODataSerializerContext.cs
@@ -78,6 +78,7 @@ internal ODataSerializerContext(ResourceContext resource, IEdmProperty edmProper
             Items = context.Items;
             ExpandReference = context.ExpandReference;
             TimeZone = context.TimeZone;
+            OmitValuesKind = context.OmitValuesKind;
 
             QueryContext = queryContext;
 
@@ -180,6 +181,11 @@ internal ODataSerializerContext(ResourceContext resource, IEdmProperty edmProper
         /// </summary>
         public TimeZoneInfo TimeZone { get; set; }
 
+        /// <summary>
+        /// Gets or sets the <see cref="OmitValuesKind"/>.
+        /// </summary>
+        public OmitValuesKind OmitValuesKind { get; set; }
+
         /// <summary>
         /// Gets or sets the <see cref="ODataQueryOptions"/>.
         /// </summary>
diff --git a/src/Microsoft.AspNetCore.OData/Microsoft.AspNetCore.OData.xml b/src/Microsoft.AspNetCore.OData/Microsoft.AspNetCore.OData.xml
index dc0971029..ce01039e7 100644
--- a/src/Microsoft.AspNetCore.OData/Microsoft.AspNetCore.OData.xml
+++ b/src/Microsoft.AspNetCore.OData/Microsoft.AspNetCore.OData.xml
@@ -1094,6 +1094,20 @@
             <param name="clrType">The type to test.</param>
             <returns>True if the type is a DateTime; false otherwise.</returns>
         </member>
+        <member name="M:Microsoft.AspNetCore.OData.Common.TypeHelper.IsDateOnly(System.Type)">
+            <summary>
+            Determine if a type is a <see cref="T:System.DateOnly"/>.
+            </summary>
+            <param name="clrType">The type to test.</param>
+            <returns>True if the type is a DateOnly; false otherwise.</returns>
+        </member>
+        <member name="M:Microsoft.AspNetCore.OData.Common.TypeHelper.IsTimeOnly(System.Type)">
+            <summary>
+            Determine if a type is a <see cref="T:System.TimeOnly"/>.
+            </summary>
+            <param name="clrType">The type to test.</param>
+            <returns>True if the type is a TimeOnly; false otherwise.</returns>
+        </member>
         <member name="M:Microsoft.AspNetCore.OData.Common.TypeHelper.IsTimeSpan(System.Type)">
             <summary>
             Determine if a type is a TimeSpan.
@@ -2894,6 +2908,13 @@
             <param name="request">The <see cref="T:Microsoft.AspNetCore.Http.HttpRequest"/> instance to extend.</param>
             <returns>The <see cref="M:Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.ODataOptions(Microsoft.AspNetCore.Http.HttpRequest)"/> instance from the DI container.</returns>
         </member>
+        <member name="M:Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetOmitValuesKind(Microsoft.AspNetCore.Http.HttpRequest)">
+            <summary>
+            Returns the <see cref="T:Microsoft.AspNetCore.OData.Formatter.OmitValuesKind"/> from the request.
+            </summary>
+            <param name="request">The <see cref="T:Microsoft.AspNetCore.Http.HttpRequest"/> instance to access.</param>
+            <returns>The <see cref="T:Microsoft.AspNetCore.OData.Formatter.OmitValuesKind"/> from the request.</returns>
+        </member>
         <member name="M:Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetModel(Microsoft.AspNetCore.Http.HttpRequest)">
             <summary>
             Gets the <see cref="T:Microsoft.OData.Edm.IEdmModel"/> from the request container.
@@ -4076,6 +4097,29 @@
             Gets the OData action of this parameters.
             </summary>
         </member>
+        <member name="T:Microsoft.AspNetCore.OData.Formatter.OmitValuesKind">
+            <summary>
+            Omit-Values kind
+            </summary>
+        </member>
+        <member name="F:Microsoft.AspNetCore.OData.Formatter.OmitValuesKind.Unknown">
+            <summary>
+            Not set, unknown
+            </summary>
+        </member>
+        <member name="F:Microsoft.AspNetCore.OData.Formatter.OmitValuesKind.Nulls">
+            <summary>
+            If nulls is specified, then the service MAY omit properties containing null values from the response,
+            in which case it MUST specify the Preference-Applied response header with omit-values=nulls.
+            </summary>
+        </member>
+        <member name="F:Microsoft.AspNetCore.OData.Formatter.OmitValuesKind.Defaults">
+            <summary>
+            If defaults is specified, then the service MAY omit properties containing default values from the response, including nulls for properties that have no other defined default value.
+            Nulls MUST be included for properties that have a non-null default value defined.
+            If the service omits default values it MUST specify the Preference-Applied response header with omit-values=defaults.
+            </summary>
+        </member>
         <member name="T:Microsoft.AspNetCore.OData.Formatter.ResourceContext">
             <summary>
              Contains context information about the resource currently being serialized.
@@ -4606,6 +4650,27 @@
             Write the navigation link for the select navigation properties.
             </summary>
         </member>
+        <member name="M:Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateDynamicComplexNestedResourceInfo(System.String,System.Object,Microsoft.OData.Edm.IEdmTypeReference,Microsoft.AspNetCore.OData.Formatter.ResourceContext)">
+            <summary>
+            Creates the <see cref="T:Microsoft.OData.ODataNestedResourceInfo"/> to be written while writing this dynamic complex property.
+            </summary>
+            <param name="propertyName">The dynamic property name.</param>
+            <param name="propertyValue">The dynamic property value.</param>
+            <param name="edmType">The edm type reference.</param>
+            <param name="resourceContext">The context for the complex instance being written.</param>
+            <returns>The nested resource info to be written. Returns 'null' will omit this serialization.</returns>
+            <remarks>It enables customer to get more controll by overriding this method. </remarks>
+        </member>
+        <member name="M:Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateComplexNestedResourceInfo(Microsoft.OData.Edm.IEdmStructuralProperty,Microsoft.OData.UriParser.PathSelectItem,Microsoft.AspNetCore.OData.Formatter.ResourceContext)">
+            <summary>
+            Creates the <see cref="T:Microsoft.OData.ODataNestedResourceInfo"/> to be written while writing this complex property.
+            </summary>
+            <param name="complexProperty">The complex property for which the nested resource info is being created.</param>
+            <param name="pathSelectItem">The corresponding sub select item belongs to this complex property.</param>
+            <param name="resourceContext">The context for the complex instance being written.</param>
+            <returns>The nested resource info to be written. Returns 'null' will omit this complex serialization.</returns>
+            <remarks>It enables customer to get more controll by overriding this method. </remarks>
+        </member>
         <member name="M:Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateNavigationLink(Microsoft.OData.Edm.IEdmNavigationProperty,Microsoft.AspNetCore.OData.Formatter.ResourceContext)">
             <summary>
             Creates the <see cref="T:Microsoft.OData.ODataNestedResourceInfo"/> to be written while writing this entity.
@@ -4802,6 +4867,11 @@
             Gets or sets the <see cref="T:System.TimeZoneInfo"/>.
             </summary>
         </member>
+        <member name="P:Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.OmitValuesKind">
+            <summary>
+            Gets or sets the <see cref="P:Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.OmitValuesKind"/>.
+            </summary>
+        </member>
         <member name="P:Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.QueryOptions">
             <summary>
             Gets or sets the <see cref="T:Microsoft.AspNetCore.OData.Query.ODataQueryOptions"/>.
@@ -6093,6 +6163,11 @@
             Gets or sets a TimeZoneInfo for the <see cref="T:System.DateTime"/> serialization and deserialization.
             </summary>
         </member>
+        <member name="P:Microsoft.AspNetCore.OData.ODataOptions.OmitValuesKind">
+            <summary>
+            Gets or sets a omit values kind for the property value serialization.
+            </summary>
+        </member>
         <member name="P:Microsoft.AspNetCore.OData.ODataOptions.Conventions">
             <summary>
             Gets the routing conventions.
@@ -14382,19 +14457,3 @@
         </member>
     </members>
 </doc>
-ummary>
-            <param name="segment">The value segment.</param>
-        </member>
-        <member name="P:Microsoft.AspNetCore.OData.Routing.Template.ValueSegmentTemplate.Segment">
-            <summary>
-            Gets the value segment.
-            </summary>
-        </member>
-        <member name="M:Microsoft.AspNetCore.OData.Routing.Template.ValueSegmentTemplate.GetTemplates(Microsoft.AspNetCore.OData.Routing.ODataRouteOptions)">
-            <inheritdoc />
-        </member>
-        <member name="M:Microsoft.AspNetCore.OData.Routing.Template.ValueSegmentTemplate.TryTranslate(Microsoft.AspNetCore.OData.Routing.Template.ODataTemplateTranslateContext)">
-            <inheritdoc />
-        </member>
-    </members>
-</doc>
diff --git a/src/Microsoft.AspNetCore.OData/ODataOptions.cs b/src/Microsoft.AspNetCore.OData/ODataOptions.cs
index 500265fa5..794603544 100644
--- a/src/Microsoft.AspNetCore.OData/ODataOptions.cs
+++ b/src/Microsoft.AspNetCore.OData/ODataOptions.cs
@@ -11,6 +11,7 @@
 using System.Diagnostics.Contracts;
 using Microsoft.AspNetCore.OData.Abstracts;
 using Microsoft.AspNetCore.OData.Batch;
+using Microsoft.AspNetCore.OData.Formatter;
 using Microsoft.AspNetCore.OData.Routing;
 using Microsoft.AspNetCore.OData.Routing.Conventions;
 using Microsoft.Extensions.DependencyInjection;
@@ -52,6 +53,11 @@ public class ODataOptions
         /// </summary>
         public TimeZoneInfo TimeZone { get; set; } = TimeZoneInfo.Local;
 
+        /// <summary>
+        /// Gets or sets a omit values kind for the property value serialization.
+        /// </summary>
+        public OmitValuesKind OmitValuesKind { get; set; } = OmitValuesKind.Unknown;
+
         /// <summary>
         /// Gets the routing conventions.
         /// </summary>
diff --git a/src/Microsoft.AspNetCore.OData/PublicAPI.Unshipped.txt b/src/Microsoft.AspNetCore.OData/PublicAPI.Unshipped.txt
index 3ee9900ec..b23d011c8 100644
--- a/src/Microsoft.AspNetCore.OData/PublicAPI.Unshipped.txt
+++ b/src/Microsoft.AspNetCore.OData/PublicAPI.Unshipped.txt
@@ -373,6 +373,10 @@ Microsoft.AspNetCore.OData.Formatter.ODataParameterValue.Value.get -> object
 Microsoft.AspNetCore.OData.Formatter.ODataUntypedActionParameters
 Microsoft.AspNetCore.OData.Formatter.ODataUntypedActionParameters.Action.get -> Microsoft.OData.Edm.IEdmAction
 Microsoft.AspNetCore.OData.Formatter.ODataUntypedActionParameters.ODataUntypedActionParameters(Microsoft.OData.Edm.IEdmAction action) -> void
+Microsoft.AspNetCore.OData.Formatter.OmitValuesKind
+Microsoft.AspNetCore.OData.Formatter.OmitValuesKind.Defaults = 2 -> Microsoft.AspNetCore.OData.Formatter.OmitValuesKind
+Microsoft.AspNetCore.OData.Formatter.OmitValuesKind.Nulls = 1 -> Microsoft.AspNetCore.OData.Formatter.OmitValuesKind
+Microsoft.AspNetCore.OData.Formatter.OmitValuesKind.Unknown = 0 -> Microsoft.AspNetCore.OData.Formatter.OmitValuesKind
 Microsoft.AspNetCore.OData.Formatter.ResourceContext
 Microsoft.AspNetCore.OData.Formatter.ResourceContext.DynamicComplexProperties.get -> System.Collections.Generic.IDictionary<string, object>
 Microsoft.AspNetCore.OData.Formatter.ResourceContext.DynamicComplexProperties.set -> void
@@ -460,6 +464,8 @@ Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.Naviga
 Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.NavigationSource.set -> void
 Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.ODataSerializerContext() -> void
 Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.ODataSerializerContext(Microsoft.AspNetCore.OData.Formatter.ResourceContext resource, Microsoft.OData.UriParser.SelectExpandClause selectExpandClause, Microsoft.OData.Edm.IEdmProperty edmProperty) -> void
+Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.OmitValuesKind.get -> Microsoft.AspNetCore.OData.Formatter.OmitValuesKind
+Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.OmitValuesKind.set -> void
 Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.Path.get -> Microsoft.OData.UriParser.ODataPath
 Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.Path.set -> void
 Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext.QueryOptions.get -> Microsoft.AspNetCore.OData.Query.ODataQueryOptions
@@ -666,6 +672,8 @@ Microsoft.AspNetCore.OData.ODataOptions.Expand() -> Microsoft.AspNetCore.OData.O
 Microsoft.AspNetCore.OData.ODataOptions.Filter() -> Microsoft.AspNetCore.OData.ODataOptions
 Microsoft.AspNetCore.OData.ODataOptions.GetRouteServices(string routePrefix) -> System.IServiceProvider
 Microsoft.AspNetCore.OData.ODataOptions.ODataOptions() -> void
+Microsoft.AspNetCore.OData.ODataOptions.OmitValuesKind.get -> Microsoft.AspNetCore.OData.Formatter.OmitValuesKind
+Microsoft.AspNetCore.OData.ODataOptions.OmitValuesKind.set -> void
 Microsoft.AspNetCore.OData.ODataOptions.OrderBy() -> Microsoft.AspNetCore.OData.ODataOptions
 Microsoft.AspNetCore.OData.ODataOptions.QuerySettings.get -> Microsoft.OData.ModelBuilder.Config.DefaultQuerySettings
 Microsoft.AspNetCore.OData.ODataOptions.RouteComponents.get -> System.Collections.Generic.IDictionary<string, (Microsoft.OData.Edm.IEdmModel EdmModel, System.IServiceProvider ServiceProvider)>
@@ -1610,6 +1618,7 @@ static Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetETagHandle
 static Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetModel(this Microsoft.AspNetCore.Http.HttpRequest request) -> Microsoft.OData.Edm.IEdmModel
 static Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetNextPageLink(this Microsoft.AspNetCore.Http.HttpRequest request, int pageSize, object instance, System.Func<object, string> objectToSkipTokenValue) -> System.Uri
 static Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetODataVersion(this Microsoft.AspNetCore.Http.HttpRequest request) -> Microsoft.OData.ODataVersion
+static Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetOmitValuesKind(this Microsoft.AspNetCore.Http.HttpRequest request) -> Microsoft.AspNetCore.OData.Formatter.OmitValuesKind
 static Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetReaderSettings(this Microsoft.AspNetCore.Http.HttpRequest request) -> Microsoft.OData.ODataMessageReaderSettings
 static Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetRouteServices(this Microsoft.AspNetCore.Http.HttpRequest request) -> System.IServiceProvider
 static Microsoft.AspNetCore.OData.Extensions.HttpRequestExtensions.GetTimeZoneInfo(this Microsoft.AspNetCore.Http.HttpRequest request) -> System.TimeZoneInfo
@@ -1736,7 +1745,9 @@ virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataEdmTypeSerialize
 virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataEnumSerializer.CreateODataEnumValue(object graph, Microsoft.OData.Edm.IEdmEnumTypeReference enumType, Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext writeContext) -> Microsoft.OData.ODataEnumValue
 virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataPrimitiveSerializer.CreateODataPrimitiveValue(object graph, Microsoft.OData.Edm.IEdmPrimitiveTypeReference primitiveType, Microsoft.AspNetCore.OData.Formatter.Serialization.ODataSerializerContext writeContext) -> Microsoft.OData.ODataPrimitiveValue
 virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.AppendDynamicProperties(Microsoft.OData.ODataResource resource, Microsoft.AspNetCore.OData.Formatter.Serialization.SelectExpandNode selectExpandNode, Microsoft.AspNetCore.OData.Formatter.ResourceContext resourceContext) -> void
+virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateComplexNestedResourceInfo(Microsoft.OData.Edm.IEdmStructuralProperty complexProperty, Microsoft.OData.UriParser.PathSelectItem pathSelectItem, Microsoft.AspNetCore.OData.Formatter.ResourceContext resourceContext) -> Microsoft.OData.ODataNestedResourceInfo
 virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateComputedProperty(string propertyName, Microsoft.AspNetCore.OData.Formatter.ResourceContext resourceContext) -> Microsoft.OData.ODataProperty
+virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateDynamicComplexNestedResourceInfo(string propertyName, object propertyValue, Microsoft.OData.Edm.IEdmTypeReference edmType, Microsoft.AspNetCore.OData.Formatter.ResourceContext resourceContext) -> Microsoft.OData.ODataNestedResourceInfo
 virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateETag(Microsoft.AspNetCore.OData.Formatter.ResourceContext resourceContext) -> string
 virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateNavigationLink(Microsoft.OData.Edm.IEdmNavigationProperty navigationProperty, Microsoft.AspNetCore.OData.Formatter.ResourceContext resourceContext) -> Microsoft.OData.ODataNestedResourceInfo
 virtual Microsoft.AspNetCore.OData.Formatter.Serialization.ODataResourceSerializer.CreateODataAction(Microsoft.OData.Edm.IEdmAction action, Microsoft.AspNetCore.OData.Formatter.ResourceContext resourceContext) -> Microsoft.OData.ODataAction