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Developed and developing countries gather at the OECD to tackle BEPS

Monday, 29 September 2014   (0 Comments)
Posted by: Author: OECD
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Author: OECD 

Almost 300 senior tax officials from more than 100 countries and international organisations met in Paris on 25-26 September 2014 during the 19th Annual Global Forum on Tax Treaties to discuss solutions to unintended double non-taxation caused by base erosion and profit shifting (BEPS). Following up on the discussions at the 2013 Annual Meeting and the regional consultations on BEPS, participants examined the first set of tax treaty-related recommendations developed under the OECD/G20 BEPS Project and discussed the main tax treaty issues and options concerning the current work on the 2015 deliverables to be dispatched in September and December 2015. 

Prior to this meeting, on 23 September, the UN and OECD hosted a joint Workshop on Tax Base Protection for Developing Countries and, on 24 September, the UN, OECD and World Bank Group presented their work and initiatives related to BEPS issues and other topics identified by developing countries as key priorities in the Report to G20 Development Working Group on the Impact of BEPS in Low Income Countries

"Beyond the change of standards, we need to change the methods of work to build a global community to find global solutions that meet the needs of developing countries," said Pascal Saint-Amans, Director of OECD’s Centre for Tax Policy and Administration, in his opening address to the gathering. He stressed the importance of the work for developing countries, noting that corporate income tax revenue constitutes a substantial part of their total tax revenues and welcomed the G20 call to build on the current engagement with developing countries to develop a new structured dialogue process by the Leaders’ Summit in November. 

For further information, please contact Pascal Saint-Amans, Director of OECD’s Centre for Tax Policy and Administration, by or by phone: + 331 45 24 91 08.

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