OECD – Digital Economy Review May Hit Ireland Hardest
As part of the action plan on base erosion and profit shifting (BEPS) the OECD has produced a discussion draft on the tax consequences of the digital economy. The professional body Chartered Accountants Ireland has suggested that the proposed
See MoreOECD – Discussion draft on digital economy (BEPS action plan)
The Organization for Economic Co-operation and Development (OECD) has issued a discussion draft on Action Item 1 (Tax Challenges of the Digital Economy) of the base erosion and profit shifting (BEPS) Action Plan. The BEPS Action Plan Item 1 aims to
See MoreOECD – Discussion draft on neutralizing hybrid mismatch arrangements (BEPS)
The Organization for Economic Co-operation and Development (OECD) has issued discussion drafts in connection with Action Item 2 of the base erosion and profit shifting (BEPS) Action Plan. This action item is concerned with ways to legislate against
See MoreOECD – Discussion draft on digital economy tax challenges (BEPS)
The Organization for Economic Co-operation and Development (OECD) has released a discussion draft on Action Item 1 (Tax Challenges of the Digital Economy) of the Action Plan on base erosion and profit shifting (BEPS). The press release explains that
See MoreOECD – Discussion draft on proposals to prevent treaty abuse under BEPS
In accordance with the action plan on base erosion and profit shifting (BEPS) the OECD has issued a discussion draft dealing with ways to prevent the abuse of tax treaties. The OECD is considering the development of new provisions in the OECD Model
See MoreOECD – BEPS webcast to address transfer pricing documentation
The OECD is to hold a webcast on 2 April 2014 to explain the latest developments in carrying out the action plan on base erosion and profit shifting (BEPS). Staff from the Centre for Tax Policy and Administration will consider the numerous questions
See MoreOECD: Regional consultations on BEPS
As part of its project on Base Erosion and Profit Shifting (BEPS), the Organization for Economic Co-operation and Development (OECD) has held two regional consultations. These took place in Asia, on February 20-21, and in Latin America, on February
See MoreCanada: Budget 2014 incorporates transfer pricing rules and financial services
It has been announced by the OECD that the Budget for 2014 includes the announcement of a consultation on international tax planning by multinational enterprises as input into Canada's participation in the action plan on the basis of erosion and
See MoreOECD To Engage Industry in BEPS Consultations
The Organization for Economic Cooperation and Development (OECD) has recently published a revised timetable for public consultations on Base Erosion and Profit Shifting (BEPS) and the release of Discussion Drafts. Three Discussion Drafts will be
See MoreOECD: comments published on artificial avoidance of PE
The OECD has published on its website the comments received following a request made in October 2013 on strategies that could result in the artificial avoidance of permanent establishment status. The request is part of the OECD’s work for the G20
See MoreNew Zealand – Supports BEPS Action Plan
The tax department of New Zealand released a report that endorses measures outlined by the Organization for Economic Cooperation and Development (OECD) action plan to deal with the taxation of large multinational corporations and the problems of
See MoreOECD – Request for submissions on PE-status avoidance strategies (BEPS)
The organization for Economic Co-operation and Development (OECD) issued a request on 22 October 2013 for submissions of a “short description of strategies” that might be considered to result in the artificial avoidance of permanent
See MoreNew Zealand Tax Department Backs OECD BEPS Plan
New Zealand's Inland Revenue Department (IRD) has released a report that strongly endorses the measures drawn up by the Organization for Economic Cooperation and Development (OECD) for tackling base erosion and profit shifting. The OECD action plan
See MoreOECD consults developing countries on base erosion and profit shifting
A meeting of more than 300 tax officials from the tax administrations of more than 100 countries and organizations was hosted by the OECD in Paris on 26 September 2013. The participants in the meeting discussed the ways in which developing
See MoreOECD releases action plan on base erosion and profit shifting
Further to the previous work by the OECD in respect of base erosion and profit shifting and the consideration of this work by the G8 group of countries, the OECD has now produced an action plan of measures to combat the shifting of profits across
See MoreOECD issues report on base erosion and profit shifting
A report on base erosion and profit shifting (BEPS) commissioned by the G-20 has been published by the Organization for Economic Cooperation and Development (OECD). The report has already been considered by the G-20 at its mid-February meeting. The
See More