OECD BEPS Implementation: Further developments
Published: 13 February 2018
The inclusive framework on BEPS, which brings together over 100 jurisdictions to collaborate on the implementation of the BEPS package, has released additional guidance on the implementation of country-by-country reporting (see OECD press release here). This is intended to provide certainty to both tax administrations and multi-national enterprises. Continuing its work under BEPS Action 5, the inclusive framework also approved updates to the results for preferential regime reviews conducted by the Forum on Harmful Tax Practices (FHTP). These updates concerned tax regimes present in Barbados and Canada. For further information, please contact Paul Hale or Anvit Jain.