OECD - Base Erosion & Profit Shifting
OECD and G20 BEPS Action Plan: Changes to the International Tax System
Develop Multi-Lateral Instruments
- 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.
Develop a multilateral instrument
Analyse the tax and public international law issues related to the development of a multilateral instrument to enable jurisdictions that wish to do so to implement measures developed in the course of the work on BEPS and amend bilateral tax treaties.
On the basis of this analysis, interested Parties will develop a multilateral instrument designed to provide an innovative approach to international tax matters,
reflecting the rapidly evolving nature of the global economy and the need to adapt quickly to this evolution.