Join senior members of the OECD's Centre for Tax Policy and Administration (CTPA) who will comment on the recent publication of the first steps toward implementation of OECD/G20 efforts against tax avoidance by multinationals. OECD and G20 countries have agreed three key elements that will enable implementation of the BEPS Project:
a mandate to launch negotiations on a multilateral instrument to streamline implementation of tax treaty-related BEPS measures;
an implementation package for country-by-country reporting in 2016 and a related government-to-government exchange mechanism to start in 2017;
criteria to assess whether preferential treatment regimes for intellectual property (patent boxes) are harmful or not.
Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.