BEPS standards adoption grows

More governments have brought their preferential tax regimes in line with the OECD/G20 standards to improve the international tax framework.

The Inclusive Framework on Base Erosion and Profit Shifting (BEPS), which brings together over a 100 countries and jurisdictions to collaborate on the implementation of the OECD/ G20 BEPS Package, has updated the results for preferential regime reviews conducted by the Forum on Harmful Tax Practices (FHTP) in connection with BEPS Action 5, which is one of the four BEPS minimum standards relating to transparency and preferential tax regimes.

Read More