Philippines Joining OECD Committee on Fiscal Affairs to work on BEPS

The Philippines will join the OECD Committee on Fiscal Affairs to work on a global response to base erosion and profit shifting (BEPS) beginning January 2015, the Philippines Department of Finance announced November 14. The Philippines will use its position to present developing country perspectives and shape strategies, tools, and other outputs to curb BEPS. See, Philippines release.