Expected Impact on 10 EU Countries
Tax laws across Europe are undergoing massive reforms with one key component being the ongoing work of the Organisation for Economic Co-operation and Development (OECD) and their Base Erosion and Profit Shifting (BEPS) 15 Point Action Plan. According to a new report from KPMG International, many European governments have expressed their commitment to address BEPS and many have already made changes to their tax codes in anticipation of current and future OECD recommendations.
This KPMG International report examines the OECD’s BEPS 15 Point Action Plan and its current and expected impact on 10 European countries (Austria, Belgium, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Switzerland, and the UK).
So what will the European tax landscape look like in the future? While specific answers are not yet possible, the report discusses a number of areas of particular interest such as:
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