On 9 March 2019 the OECD announced that Morocco has joined the Inclusive Framework on base erosion and profit shifting (BEPS). This means that a total of 129 countries and jurisdictions are taking part in the Inclusive Framework.
The countries involved in the Inclusive Framework are working towards implementation of the BEPS package. The participating countries are working on the monitoring process for the four minimum standards under BEPS and the on the review mechanisms for other parts of the BEPS package. These are standards on harmful tax practices; tax treaty abuse; country by country reporting; and dispute resolution mechanisms. Progress on implementing the minimum standards will be subject to a peer review process and there will be a monitoring process for other parts of the BEPS package. The Inclusive Framework is also involved in developing various toolkits to assist developing countries in BEPS implementation.
