Canada: Possible implications, BEPS multilateral instrument on tax treaties

Canada: Possible implications, BEPS measures

Canadian multinational entities may see changes to tax treaties that affect their organization’s global structure and operations in light of the fact that the Organisation for Economic Cooperation and Development (OECD) concluded negotiations on its “multilateral instrument.”

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The OECD multilateral instrument—developed as part of Action 15 of the OECD’s base erosion and profit shifting (BEPS) initiative—is expected to modify more than 2,000 tax treaties worldwide to allow for greater ease in implementing BEPS-related measures.

 

Read a November 2016 report [PDF 65 KB] prepared by the KPMG member firm in Canada

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