On 6 February 2015 the OECD published three papers addressing different developments in the BEPS Action plan:
Action 5: Agreement on modified nexus approach for IP regimes
Action 13: Guidance on the implementation of transfer pricing documentation and country-by-country reporting
Action 15: A mandate for the development of multilateral instrument on tax treaty measures to tackle BEPS
The OECD will present these developments during the G-20 Ministers of Finance meeting of 9-11 February 2015.
Stay in the know of the latest accountancy and business news via the KC Newsletter
Do you have any questions or require our advice? Feel free to contact us
In Europe, tax compliance is becoming more digital, and governments are introducing more e-filing systems. In the Netherlands, for example, the implementation of the EU's digital VAT system (e-invoicing and real-time reporting) will change how accountants handle...
👨💻 Big data in accounting. Big data analytics is expected to be used to identify trends, reduce errors, and provide deeper insights into financial performance. For instance, predictive analytics can help businesses forecast cash flow or market trends. Real-time...
On 5 December 2017, European Union (EU) finance ministers adopted a list of “non-cooperative jurisdictions for tax purposes” also known as ‘The Black List’. The list is part of the EU's work to counter worldwide tax evasion and avoidance. According to the EU, it will...