THE OECD has invited comments on a discussion
draft which deals with Action 11 (Improving the analysis of BEPS) of the
BEPS Action Plan.
In July 2013, the Action Plan on Base Erosion and Profit Shifting directed
the OECD to commence work on 15 actions designed to ensure the coherence of
corporate income taxation at the international level. The first seven of these
actions were presented to G20 Leaders at the Brisbane Summit in November 2014.
Action 11 of the BEPS Action Plan focuses on improving the availability and
analysis of data on BEPS, including to monitor the implementation of the Action
Plan and to evaluate the effectiveness and economic impact of actions to address
BEPS on an ongoing basis.
This discussion draft sets out the context and background to the work on Action
11, and includes chapters that focus on three key areas as follows:
Chapter 1 is an assessment of existing data sources relevant for BEPS analysis,
describing the available data and their limitations for undertaking an economic
analysis of the scale and impact of BEPS and BEPS countermeasures.
Chapter 2 provides potential indicators of the scale and economic impact of
BEPS and their various strengths and limitations.
Chapter 3 sets existing empirical analyses of BEPS and proposes two complementary
approaches to estimating the scale of BEPS.
The consultation paper identifies specific questions where input is required
in order to advance the work on Action 11.
The Action Plan calls for this work to be completed by September 2015. As part
of the transparent and inclusive consultation process mandated by the Action
Plan, the CFA invites interested parties to send comments on this consultation
paper.
|
