Mar 132016
In previous weeks, we discussed the various Action Plans issued by the Organisation for Economic Co-operation and Development (OECD) resulting from the work done for the Base Erosion and Profit Shifting (BEPS) initiative. This week, we focus on Action Plan 11. Unlike the other Action Plans which seek to address specific causes or sources of BEPS, Action Plan 11 seeks to measure the fiscal and non-fiscal consequences of BEPS, and to monitor the implementation of the OECD’s recommendations to curb aggressive tax planning strategies which result in the artificial shifting of profits.