OECD 'Action Plan' raises questions about scope, timing, and feasibility of reaching international consensus on BEPS

Resource Information

The work OECD 'Action Plan' raises questions about scope, timing, and feasibility of reaching international consensus on BEPS 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

OECD 'Action Plan' raises questions about scope, timing, and feasibility of reaching international consensus on BEPS

Creator

• Bell, K.A
• Gregory, D.W
• Mitchell, R

Subject

• BEPS Project (OECD)
• OECD
• transfer pricing

Language

eng

Summary

Practitioners interviewed by BNA cited various concerns about the OECD's 15-step action plan to combat base erosion and profit shifting, chief among them that the plan would call on countries to deviate from the arm's-length standard in certain cases, such as those involving the transfer of hard-to-value intangibles. Noting that the plan calls for cooperation among governments, those interviewed also cited varying levels of support for some of the actions, such as tightening rules on controlled foreign corporations - something the U.S. supports but the U.K., which recently relaxed its CFC rules, does not

Citation source

In: Tax management transfer pricing report. - Arlington. - Vol. 22 (2013),

Geographic coverage

International

Language note

English