The global movement to curb base erosion and profit shifting has forged ahead over the past year, and we are seeing the first wave of concrete results. From the Organisation for Economic Development (OECD) proposals on tax transparency and transfer pricing to the European Union's country-by-country tax reporting rules, to unilateral legislative action by countries worldwide, these projects are advancing at a fast pace.
Globally, much of this activity centres on the OECD's Action Plan on Base Erosion and Profit Shifting (BEPS) and the recently announced 2014 Deliverables. While countries in Europe and North America may appear to have the strongest voices in the debate, many countries in the Asia Pacific region (ASPAC) are influencing – and being influenced by – the profound international tax changes that are under review.
To help you navigate through this changing environment, our senior international tax professionals will highlight:
View the OECD BEPS Action Plan - Taking the pulse in the Asia Pacific region report