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UK Parliamentary Group Issues Report on the OECD BEPS Project

09 August 2016

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Approved Changes

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United Kingdom

The UK All-Party Parliamentary Group on Responsible Tax has issued a report providing an examination of the OECD’s Base Erosion and Profit Shifting (BEPS) project. The report finds that the OECD has done well to build international consensus and to develop rules to counteract immediate harmful issues, but overall has failed to provide solutions to address corporate tax avoidance in the long-term. In addition to the examination of the BEPS project and related measures, the report also provides recommendations focused primarily on transparency as a means to address avoidance. Click the following link for the report: A more responsible global...