TaxNewsFlash-BEPS — KPMG's reports of developments of interest to multinationals on the OECD's base erosion and profit shifting (BEPS) initiative and tax transparency.
13 Apr - Asia: Preparing for BEPS Action 1
18 Jul - OECD: Jamaica joins BEPS framework
12 Jul - OECD: BEPS status update
16 Jun - OECD: Webcast discussions about BEPS, tax transparency
15 Jun - OECD: BEPS amendments incorporated into Transfer Pricing Guidelines
2 Jun - KPMG’s initial analysis of OECD discussion draft: Development of multilateral instrument
2 Jun - OECD: Jamaica, Uruguay sign tax-assistance convention, Brazil completes ratification
1 Jun - OECD: Multilateral instrument to implement tax treaty-related BEPS measures, request for comments
25 May - Australia: Country-by-country, final Local files released
25 May - Norway: Transfer pricing documentation, country-by-country reporting included in political agreement
23 May - Netherlands: Proposed “innovation box” changes, align with BEPS recommendations
23 May - US: Senators again express concerns about EC state-aid investigations
20 May - China: Participation in global tax initiatives (BEPS, CRS)
19 May - Denmark: New transfer pricing documentation requirements
19 May - Austria: Proposed legislation, transfer pricing documentation and country-by-country reporting
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