The Organisation for Economic Cooperation and Development (OECD) today announced that the Former Yugoslav Republic of Macedonia joined the base erosion and profit shifting (BEPS) inclusive framework—bringing the total number of jurisdictions having joined the BEPS inclusive framework to 117.
As noted in the OECD release, members of the BEPS inclusive framework have the opportunity to work with other OECD and G20 countries on implementing the BEPS package consistently and to develop further standards to address remaining BEPS issues. Being part of the BEPS inclusive framework will facilitate the implementation of agreed minimum standards, as well as the peer review processes and will provide the Former Yugoslav Republic of Macedonia with further support.
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