Transcription of Information Brief - OECD
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OECD/G20 Base Erosion and Profit Shifting Project2015 Final Reports Information us @OECDtax ninog / Fotolia3 Base Erosion and Profit Shifting Gaps and mismatches in the current international tax rules can make profits disappear for tax purposes, or allow the shifting of profits to no or low-tax locations where the business has little or no economic activity. These activities are referred to as base erosion and profit shifting (BEPS). Apart from some cases of blatant abuses, the issues lie with the tax rules themselves.
4 Working Together In the context of the BEPS Project, and for the first time in history, all G20 and OECD countries worked on an equal footing to revise the fundamentals of the international tax rules.
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