EU PROPOSES GOLD-PLATED BEPS IMPLEMENTATION PACKAGE
February 1st, 2016
THE EUROPEAN Commission has proposed European Union (EU) legislation implementing the base erosion and profit shifting (BEPS) principles tabled last October by the Organisation for Economic Cooperation & Development (OECD).
Indeed, its comprehensive package gold plates the BEPS rules in certain areas, adding new requirements that go beyond the OECD proposals, something that is of concern to Chas Roy-Chowdhury, head of taxation at ACCA.
It involves a new EU tax avoidance directive which would significantly impact how multinational corporations (MNCs) paid ...
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