The Organisation for Economic Co-operation and Development (OECD) today released a discussion draft under the base erosion and profit shifting (BEPS) project—BEPS Action 12 (Mandatory Disclosure Rules).
BEPS Action 12 requires taxpayers to disclose their aggressive tax planning arrangements.
The BEPS Action 12 discussion draft [PDF 668 KB]:
According to today’s OECD release, the work on BEPS Action 12 is to be completed by September 2015.
Comments on this discussion draft are requested, and must be submitted by 30 April 2015.
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