Market leading insight for tax experts
View online issue

Implementation of BEPS around the world

Speed read

The OECD’s publication in October 2015 of the ‘final’ recommendations of the Base Erosion and Profit Shifting (BEPS) project was a milestone in the history of the international tax system. However it quickly became clear that this was only the end of Act 1 in what was to be a long drawn-out production. The two and a half years that had been spent on it would be dwarfed by Act 2 comprising implementation clarification and iteration (the latter referring to some additional standard setting). During this period we have seen: 102 countries joining the BEPS ‘inclusive framework’ making a commitment to implementing the BEPS minimum standards; 70 territories signing the multilateral instrument (MLI) which potentially modifies the terms of a large number of double tax treaties to give effect to BEPS measures; the OECD’s Forum on Harmful Tax Practices continue its work examining compliance with...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top