Jordan joins “Inclusive Framework on BEPS” to address taxation of multinational  groups

The OECD today announced that Jordan has become the 135th country to join the “Inclusive Framework on BEPS.”

This OECD-led group of countries is working to achieve consensus on a rewrite of the international tax and transfer pricing rules to better account for the digitalization of the economy.

As a member of the Inclusive Framework, Jordan has pledged to adopt minimum standards designed to curtail tax avoidance by multinational groups and aid in more swiftly resolving cross-border tax disputes. These standards were developed and agreed to by OECD and G20 countries in 2015 as a result of the base erosion profit shifting (BEPS) plan.

 

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