BEPS (Base Erosion and Profit Shifting)

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23.11.2016 - With the OECD's base erosion and profit shifting (BEPS) project, action should be taken worldwide against base erosion and profit shifting. The legal, but aggressive, tax planning of multinationals is to be kept in check. The main objective is for profits to be taxed where added value is created.

This is to be achieved with 15 measures, which include the automatic exchange of country-by-country reports between tax authorities. The reports have to be prepared by companies operating internationally with an annual turnover of over EUR 750 million. They contain information on the global allocation of turnover and taxes paid, among other things.

Fact sheet

Further information

Last modification 23.11.2016

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