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

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

OECD propose the establishment of a framework for ongoing review of BEPS

The OECD proposed a framework for ongoing participation in the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project to G20 Finance Ministers on 26–27 February in Shanghai, China.

The OECD’s framework will allow all interested countries and jurisdictions to participation in the review of the 4 BEPS minimum standards, in the areas of harmful tax practices, tax treaty abuse, Country-by-Country Reporting requirements for transfer pricing and improvements in cross-border tax dispute resolution. It will also ensure ongoing data gathering on the tax challenges in the digital economy and measuring the impact of BEPS, as well as monitoring implementation of the remainder of the BEPS package and finalising the remaining BEPS standard-setting work.