The OECD has published its third peer review report assessing jurisdictions’ efforts to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the BEPS project.
The report on the implementation of the Action 6 minimum standard on the prevention of treaty abuse shows that a large majority of members of the Inclusive Framework on BEPS are ‘translating their commitment on treaty shopping into actions’ and are modifying their treaty network, mainly through the use of the BEPS multilateral instrument.
The OECD has also published updated terms of reference setting out criteria for assessing the implementation of the Action 6 minimum standard and the methodology for carrying out the reviews from 2021 onwards.
The OECD has published its third peer review report assessing jurisdictions’ efforts to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the BEPS project.
The report on the implementation of the Action 6 minimum standard on the prevention of treaty abuse shows that a large majority of members of the Inclusive Framework on BEPS are ‘translating their commitment on treaty shopping into actions’ and are modifying their treaty network, mainly through the use of the BEPS multilateral instrument.
The OECD has also published updated terms of reference setting out criteria for assessing the implementation of the Action 6 minimum standard and the methodology for carrying out the reviews from 2021 onwards.
