Panama joins BEPS inclusive framework

The OECD has today announced that Panama has become the 87th member of the “inclusive framework on BEPS,” which is a group of countries that have agreed to implement tax measures, designed by the OECD and G20 in the base erosion profit shifting (BEPS) project, to combat multinational tax avoidance.

Panama is the 41st non-OECD/non-G20 country to join the group.