OECD: Djibouti joins BEPS inclusive framework | KPMG | US

OECD: Djibouti joins BEPS inclusive framework

OECD: Djibouti joins BEPS inclusive framework

The Organisation for Economic Cooperation and Development (OECD) today announced that Djibouti has agreed to the inclusive framework under the base erosion and profit shifting (BEPS) project. Djibouti joins other African countries and jurisdictions that will have an opportunity to work with other OECD and G20 countries on implementing the BEPS package consistently and on developing further standards to address remaining BEPS issues.

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Today’s OECD release also reveals that Djibouti has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes, and will participate in addressing tax evasion through implementing the internationally agreed standards of transparency and exchange of information for tax purposes.

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