OrbitaxOECD Provides Update on Review of Preferential Tax Regimes; Applies Substantial Activities Requirement for Low Tax Jurisdictions
|Approved Changes|OECD
The OECD has announced an update concerning the ongoing review of preferential tax regimes that may be considered harmful in relation to BEPS Action 5 (Countering Harmful Tax Practices). The reviews are conducted by the Forum on Harmful Tax Practices (FHTP) as part of the BEPS Inclusive Framework. The update includes that:
- 18 regimes where jurisdictions have delivered on their commitment to m…
