Michaela Merz

Multinationals receive OECD country-by-country reporting, multilateral instrument and IP tax incentive BEPS proposals

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PwC_Swiz_Zurich_R_MB_36.jpgDuring a G20 finance ministers’ conference on 9/10 February in Turkey, the latest developments in the base erosion shifting project were presented. As a consequence, additional guidance on complying with certain recommendations resulting from the OECD’s base erosion and profit shifting (BEPS) action plan was issued.

This guidance raises two areas of interest for multinational enterprises (MNEs): 1) the roll-out of country-by-country tax reporting to tax authorities, and 2) the intellectual property (IP) tax incentive regimes benefitting MNEs, which countries will be introducing.

Further proposals authorise the formation of a negotiating group from countries proposing an option to amend tax treaties multilaterally. The group, hosted by the OECD, plans on holding its first meeting by July 2015.

To find out more how this BEPS development may affect your business, please contact your PwC representative:

Benjamin Koch
+41 58 792 43 34

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