Global Tax Adviser, April 07, 2015. The OECD released a discussion draft under BEPS Action 12 "Mandatory Disclosure Rules".
The OECD recently released a discussion draft under BEPS Action 12 "Mandatory Disclosure Rules", which requires taxpayers to disclose their aggressive tax planning arrangements. In particular, the 83-page discussion draft:
The deadline for public comments is April 30, 2015, and a public consultation meeting will be held on May 11, 2015.
For more information, contact your KPMG adviser.
Information is current to April 07, 2015. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.
For more information, contact KPMG's National Tax Centre at 416.777.8500