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Multiple Countries Committed to Joining BEPS Inclusive Framework

07 December 2017

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Proposed Changes

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Albania-Armenia-Aruba-Bosnia Herz-Cape Verde-Cook Isl-Faroe Isl-Fiji-Greenland-Jordan-Macedonia-Maldives-Montenegro-Morocco-Nauru-New Caledonia-Niue-St. Vincent-Serbia-Swaziland-Taiwan-Vanuatu

As provided in the EU Council Conclusions on the list of non-cooperative jurisdictions in taxation matters ({News-2017-12-06/A/2-previous coverage}), a number of countries have committed to joining the Inclusive Framework for the global implementation of the BEPS Project or to at least implement the BEPS minimum standards. The commitment is made, in part, to avoid inclusion in the EU's list. The following jurisdictions are committed to become members or implement the minimum standards by 2018: Aruba, Cook Islands, Faroe Islands, Greenland, New Caledonia, Saint Vincent and the Grenadines, Taiwan, and Vanuatu. The following jurisdictions are committed to become members or implement...