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The Resource Countering harmful tax practices more effectively, taking into account transparency and substance, Action 5 - 2015 final report

Countering harmful tax practices more effectively, taking into account transparency and substance, Action 5 - 2015 final report

Label
Countering harmful tax practices more effectively, taking into account transparency and substance, Action 5 - 2015 final report
Title
Countering harmful tax practices more effectively, taking into account transparency and substance, Action 5 - 2015 final report
Subject
Language
eng
Summary
More than 15 years have passed since the publication of the OECD 1998 Report Harmful Tax Competition: An Emerging Global Issue and the underlying policy concerns expressed then are as relevant today as they were then. Current concerns are primarily about preferential regimes that risk being used for artificial profit shifting and about a lack of transparency in connection with certain rulings. The continued importance of the work on harmful tax practices was highlighted by the inclusion of this work in the Action Plan on Base Erosion and Profit Shifting (BEPS Action Plan, OECD, 2013), whose Action 5 committed the Forum on Harmful Tax Practices (FHTP) to: Revamp the work on harmful tax practices with a priority on improving transparency, including compulsory spontaneous exchange on rulings related to preferential regimes, and on requiring substantial activity for any preferential regime. It will take a holistic approach to evaluate preferential tax regimes in the BEPS context. It will engage with non-OECD members on the basis of the existing framework and consider revisions or additions to the existing framework. In 2014, the FHTP delivered an initial progress report, which is incorporated into and superseded by this final report. The main focus of the FHTP's work has been on agreeing and applying a methodology to define the substantial activity requirement to assess preferential regimes, looking first at intellectual property (IP) regimes and then other preferential regimes. The work has also focused on improving transparency through the compulsory spontaneous exchange of certain rulings that could give rise to BEPS concerns in the absence of such exchanges
Geographic coverage
International
Index
no index present
Language note
English
Literary form
non fiction
Series statement
OECD/G20 Base Erosion and Profit Shifting Project
Series volume
Action 5: 2015 final report
http://library.link/vocab/subjectName
  • OECD
  • BEPS Project (OECD)
  • harmful tax competition
  • tax transparency
  • substance requirements
  • intellectual property
  • APA
  • advance tax ruling
  • exchange of information
Label
Countering harmful tax practices more effectively, taking into account transparency and substance, Action 5 - 2015 final report
Instantiates
Publication
Extent
79 p.
Isbn
9789264241190
Isbn Type
(pdf)
Issn
  • 2313-2604 (print)
  • 2313-2612 (online)
Label
Countering harmful tax practices more effectively, taking into account transparency and substance, Action 5 - 2015 final report
Publication
Extent
79 p.
Isbn
9789264241190
Isbn Type
(pdf)
Issn
  • 2313-2604 (print)
  • 2313-2612 (online)

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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