The Organization for Economic Cooperation and Development (OECD) has released a revised timeline for action relating to base erosion and profit shifting (BEPS) discussion drafts and public consultations. The first outputs under the BEPS project are expected for September 2014, with completion of the project due in 2015.
The revised timetable provides dates when discussion drafts will be published and public consultations held in relation to the September 2014 actions. The new timetable reveals that the next-to-be-released discussion drafts will address:
- Tax treaty abuse (publication date of 17 March 2014);
- Hybrid mismatch arrangements (4 April 2014); and
- Tax challenges of the digital economy (24 March 2014).
