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Honduras Joins BEPS Inclusive Framework

18 December 2019

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Proposed Changes

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Honduras-OECD

According to an update from the OECD, Honduras has joined the Inclusive Framework for the global implementation of the BEPS Project, bringing the total number of participants to 137. As a member of the Framework, Honduras has committed to the implementation of the four minimum BEPS standards, including those developed under Action 5 (Countering Harmful Tax Practices), Action 6 (Preventing Treaty Abuse), and Action 14 (Dispute Resolution), as well as Country-by-Country (CbC) reporting under Action 13 (Transfer Pricing Documentation). Members of the Framework are also committed to working towards a consensus-based long-term solution to resolve the tax challenges arising from...