BEPS project tracking to meet September deadline for items on documentation, intangibles, treaty abuse, hybrid mismatches

Resource Information

The work BEPS project tracking to meet September deadline for items on documentation, intangibles, treaty abuse, hybrid mismatches represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.

Label

BEPS project tracking to meet September deadline for items on documentation, intangibles, treaty abuse, hybrid mismatches

Creator

• Bell, K.A

Subject

• OECD
• OECD Transfer Pricing Guidelines
• BEPS Project (OECD)
• transfer pricing
• treaty abuse
• intangibles

Language

eng

Summary

Four officials from the OECD who spoke on a 23 January 2014 Webcast gave a detailed update on the progress being made on seven items in the Action Plan on Base Erosion and Profit Shifting (BEPS). By September 2014, practitioners can expect to see revised chapters in the Transfer Pricing Guidelines on documentation (Chapter 5) and intangibles (Chapter 6), as well as changes to the Model Tax Convention that are designed to prevent treaty abuse and neutralize the effects of hybrid mismatch arrangements. Concrete actions on harmful tax practices, the digital economy, and a multilateral convention are contemplated over the longer term. By September 2014, the OECD is expected to both complete its review of member country regimes regarding harmful practices and report on possible actions to address the challenges of the digital economy. As for the multilateral convention, the OECD's tax chief says initial research indicates developing such a convention to implement the BEPS plan is feasible

Citation source

In: Tax management transfer pricing report. - Arlington. - Vol. 22 (2014),

Geographic coverage

International

Language note

English