According to a statement of the Ministry of Finance released on 27 January 2017, Malaysia joined the inclusive framework for the global implementation of the Base Erosion and Profit Shifting (BEPS) Project.
The inclusive framework was proposed by the OECD and endorsed by the G20 in February 2016. Under this framework, all state and non-state jurisdictions that commit to the BEPS Project will participate as BEPS Associates of the OECD’s Committee on Fiscal Affairs.
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