Subscribe to our newsletter



Advisers welcome final BEPS recommendations, but concerns persist

Accountants and tax advisers have lauded the OECD efforts in producing today's final recommendations in curbing tax Base Erosion and Profit Shifting (BEPS), but concerns persist about the implementation of the measures.

Advisers welcome final BEPS recommendations, but concerns persist
smsfadviser logo
  • mitchell
  • October 05, 2015
share this article

The package includes new minimum standards on country-by-country reporting, which for the first time will give tax administrations a global picture of the operations of multinational enterprises; treaty shopping, to put an end to the use of conduit companies to channel investments; curbing harmful tax practices, in particular in the area of intellectual property and through automatic exchange of tax rulings; and effective mutual agreement procedures, to ensure that the fight against double non-taxation does not result in double taxation.

Read the full story at Accountancy Age.


Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles