OECD and G20 BEPS Action Plan: Changes to the International Tax System
The (BEPS) Project, an ambitious plan undertaken jointly by the OECD and G20
to overhaul the global international tax system, culminated with a huge report
of recommendations that, if adopted, could have a significant impact on cross-border trade.
Overview of the 15 Action Plans
On 5 October 2015, the OECD published 13 final reports and an explanatory
statement outlining consensus actions under the base erosion and
profit shifting (BEPS) project.