Anguilla has joined the “Inclusive Framework on BEPS,” a group of now 113 nations that have pledged to work together to implement the OECD/G20 base erosion profit shifting (BEPS) project outcomes, the OECD announced today.
The 2015 BEPS project agreements seek to address tax avoidance by multinational companies and to speed cross-border tax dispute resolution.
As a member of the framework, Anguilla has pledged to adopt into its laws and practices minimum standards set out in the BEPS agreements, including implementing a country-by-country reporting scheme for large multinationals.
Be the first to comment