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The Resource Harmful tax practices - peer review reports on the exchange of information on tax rulings : inclusive framework on BEPS Action 5

Harmful tax practices - peer review reports on the exchange of information on tax rulings : inclusive framework on BEPS Action 5

Label
Harmful tax practices - peer review reports on the exchange of information on tax rulings : inclusive framework on BEPS Action 5
Title
Harmful tax practices - peer review reports on the exchange of information on tax rulings : inclusive framework on BEPS Action 5
Creator
Subject
Language
eng
Summary
Addressing base erosion and profit shifting (BEPS) is a key priority of governments around the globe. In 2013, OECD and G20 countries, working together on an equal footing, adopted a 15-point Action Plan to address BEPS. Beyond securing revenues by realigning taxation with economic activities and value creation, the OECD/G20 BEPS Project aims to create a single set of consensus-based international tax rules to address BEPS, and hence to protect tax bases while offering increased certainty and predictability to taxpayers. In 2016, the OECD and G20 established an Inclusive Framework on BEPS to allow interested countries and jurisdictions to work with OECD and G20 members to develop standards on BEPS related issues and reviewing and monitoring the implementation of the whole BEPS Package. Over 100 countries and jurisdictions have joined the Inclusive Framework. BEPS Action 5 is one of the four BEPS minimum standards which all Inclusive Framework members have committed to implement. One part of the Action 5 minimum standard is the transparency framework for compulsory spontaneous exchange on certain rulings which, in the absence of transparency, could give rise to BEPS concerns. Over 100 jurisdictions have joined the Inclusive Framework and will take part in a peer review to assess their compliance with the transparency framework. Specific terms of reference and a methodology have been agreed for the peer reviews to assess a jurisdiction's implementation of the minimum standard. The review of the transparency framework assesses countries against the terms of reference which focus on five key elements: i) information gathering process, ii) exchange of information, iii) confidentiality of the information received; iv) statistics on the exchanges of rulings; and v) transparency on certain aspect of intellectual property regimes. This report reflects the outcome of the first peer review of the implementation of the Action 5 minimum standard. It covers the jurisdictions which participated in the BEPS Project prior to the creation of the Inclusive Framework, and it assesses implementation for the 1 January 2016 - 31 December 2016 period
http://bibfra.me/vocab/lite/collectionName
Harmful tax practices - peer review reports on the exchange of information on tax rulings : inclusive framework on BEPS Action 5
Geographic coverage
International
Index
no index present
Language note
English
Literary form
non fiction
Series statement
OECD/G20 Base Erosion and Profit Shifting Project
http://library.link/vocab/subjectName
  • OECD
  • BEPS Project (OECD)
  • harmful tax competition
  • Inclusive Framework (OECD)
  • substance requirements
  • tax transparency
  • intellectual property
  • CbCR
  • exchange of information
Label
Harmful tax practices - peer review reports on the exchange of information on tax rulings : inclusive framework on BEPS Action 5
Instantiates
Publication
Extent
301 p.
Isbn
9789264285699
Isbn Type
(print)
Issn
  • 2313-2604 (print)
  • 2313-2612 (online)
Label
Harmful tax practices - peer review reports on the exchange of information on tax rulings : inclusive framework on BEPS Action 5
Publication
Extent
301 p.
Isbn
9789264285699
Isbn Type
(print)
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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