The OECD will release the final package of measures for a coordinated international approach to reform the international tax system under the OECD/G20 Base Erosion and Profit Shifting (BEPS) strategy to tackle tax avoidance by multinational companies on Monday October 5, 2015.
The final outcomes of the BEPS Project will be presented by Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration, during a webcast news conference at 2:00 p.m. (CET).
A technical briefing via webcast on the BEPS deliverables will follow, at 4:00 p.m. (CET).
The OECD/G20 BEPS Project provides governments with clear international solutions to address the gaps and mismatches in existing rules which allow corporate profits to ‘’disappear’’ or shift to low/no-tax locations, where no real value creation takes place. The work is based on a BEPS Action Plan endorsed by the G20 in July 2013, which identified 15 key areas to be addressed by 2015.
The final BEPS package will be presented at the G20 Finance Ministers meeting on 8 October in Lima, Peru.
Marini & Associates, P.A.
Read more at: Tax Times blog
