The OECD released a public statement summarizing the key outcomes of the 17th plenary meeting of the OECD/G20 Inclusive Framework on BEPS, which took place from 7-10 April 2025 in Cape Town, South Africa.

Domestic tax base erosion and profit shifting (BEPS) relates to tax planning strategies that multinational enterprises use to exploit loopholes in tax rules to artificially shift profits to low or no-tax locations as a way to avoid paying tax. The OECD/G20 BEPS Project equips governments with rules and instruments to address tax avoidance, ensuring that profits are taxed where economic activities generating them take place and where value is created.

The statement revealed that approximately 450 delegates representing 135 jurisdictions attended the meeting, alongside observers from 11 international organizations.

According to the statement, members of the inclusive framework “recognised the critical importance of securing certainty and stability in the international tax system, in particular with respect to the implementation of Pillar Two and the ongoing Pillar One negotiations, agreeing to continue discussions in furtherance of this objective.”

The agenda included fruitful discussions on BEPS implementation, the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, and preparing a stocktake report for the G20 on the progress of BEPS implementation. In addition, new areas of common interest, such as global mobility and the interaction between tax policy, inequality and growth, will be explored. Discussions on domestic resource mobilisation also acknowledged the perspectives of developing countries, including the ongoing need for capacity building.

“Members have reaffirmed their shared interest in extending the work of the Inclusive Framework and to adapt to new challenges and country perspectives. In the coming years, the Inclusive Framework will continue to advance the BEPS implementation work and discussions on the Two-Pillar Solution, with the goal of securing certainty and stability,” said Marlene Nembhard Parker and Tim Power, Co-Chairs of the Inclusive Framework.

In addition to continuing to explore work on BEPS and the Two-Pillar Solution, the Inclusive Framework will also explore emerging tax issues and continue to find solutions which protect country tax bases, mobilise domestic resources, and foster growth.