During 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
Partner
benjamin.koch@ch.pwc.com
+41 58 792 43 34
Michaela Merz 
This is the perfect web site for anybody who would like to
find out about this topic. You understand a whole lot its almost hard
to argue with you (not that I really would want to…HaHa).
You definitely put a new spin on a topic that’s been discussed for ages.
Wonderful stuff, just excellent!
LikeLike