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Treasury & Taxation

OECD Plan Offers Wholesale Revision of Global Tax Regime

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August 15, 2013

By Dwight Cass

Plan would require a level of international cooperation hitherto unheard of. 

The Organization for Economic Cooperation and Development (OECD) issued its Action Plan on Base Erosion and Profit Shifting (BEPS) on July 19, listing some 15 actions for governments to take in order to stop international corporate tax dodging. The multilateral institution has targeted December 2015 as the implementation deadline; non-OECD members can participate as of September 2015.

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