Base Erosion and Profit Sharing

  • It is a technical term referring to the negative effect of multinational companies’ tax avoidance strategies on national tax bases. It can be achieved through the use of transfer pricing.
  • The BEPS package from OECD (Organization for Economic Cooperation and Development) includes 15 actions that equip government with the domestic and international instruments needed to tackle BEPS.
  • The inclusive framework has the tools to ensure that profits are taxed where economic activities generating the profit are performed and where value is created.
  • The BEPS action Plan was published by OECD in 2015

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top