TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

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BEPS Discussed at OECD’s Annual Global Forum on Tax Treaties

Almost 300 senior tax officials from more than 100 countries and international organisations met in Paris on 25–26 September for the 19th Annual Global Forum on Tax Treaties to discuss solutions to unintended double non-taxation caused by base erosion and profit shifting.

The conference participants examined the first set of tax treaty-related recommendations developed under the OECD/G20 BEPS Project and discussed the main tax treaty issues and options concerning the current work on the 2015 deliverables to be dispatched in September and December 2015.

Prior to this meeting, on 23 September, the UN and OECD hosted a joint Workshop on Tax Base Protection for Developing Countries and, on 24 September, the UN, OECD and World Bank Group presented their work and initiatives related to BEPS issues and other topics identified by developing countries as key priorities in the Report to G20 Development Working Group on the Impact of BEPS in Low Income Countries. Full details are available on the OECDs website.