BEPS Action Plan 6: Preventing the granting of treaty benefits in inappropriate circumstances

(First of two parts)
The Organization for Economic Co-operation and Development’s (OECD) Action Plan 6 on the Base Erosion and Profit Shifting (BEPS) initiative recognizes that countries need to incorporate sufficient safeguards in their tax treaties and domestic rules to protect against practices that take advantage of the differences in national tax systems and the weaknesses in the application of tax treaties.