The OECD has published its fifth peer review report assessing the actions taken by jurisdictions to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project.
The report finds that members of the Inclusive Framework on BEPS are respecting their commitment to implement the minimum standard on treaty shopping, with more than 1,050 agreements concluded by members complying with the minimum standard – a 40% increase compared to the previous year.
BEPS Action 6 addresses tax treaty shopping, through treaty provisions whose adoption forms part of a minimum standard that members of the BEPS Inclusive Framework have agreed to implement. It also includes specific rules and recommendations to address other forms of treaty abuse and identifies tax policy considerations jurisdictions should address before deciding to enter into a tax agreement.
The OECD has published its fifth peer review report assessing the actions taken by jurisdictions to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project.
The report finds that members of the Inclusive Framework on BEPS are respecting their commitment to implement the minimum standard on treaty shopping, with more than 1,050 agreements concluded by members complying with the minimum standard – a 40% increase compared to the previous year.
BEPS Action 6 addresses tax treaty shopping, through treaty provisions whose adoption forms part of a minimum standard that members of the BEPS Inclusive Framework have agreed to implement. It also includes specific rules and recommendations to address other forms of treaty abuse and identifies tax policy considerations jurisdictions should address before deciding to enter into a tax agreement.
