Tax

Developing countries and BEPS

 

LATEST NEWS

The OECD has agreed a new framework that will allow all interested countries and jurisdictions to work jointly for the implementation of the package of measures against base erosion and profit shifting (BEPS). This framework will bring together all interested countries and jurisdictions as Associates on an equal footing with OECD and G20 countries in the OECD’s Committee on Fiscal Affairs to develop international standards related to BEPS and to review and monitor the implementation of the whole BEPS package. The  first meeting will be held on 30 June-1 July in Kyoto, Japan, with the anticipated participation of broad group of developing countries. 


DEVELOPING COUNTRIES' ENGAGEMENT IN THE BEPS PROJECT SO FAR

Engagement has been extensive since the beginning of the BEPS Project. Over 80 developing countries and other non-OECD/non-G20 economies have participated directly in the technical working groups and shaped the outcomes through regional consultations and thematic global fora. In November 2014, the OECD launched a new strategy for deepening developing countries’ engagement in the BEPS Project, based on three pillars:

 

 

With the establishment of an inclusive framework for BEPS implementation, all interested developing countries can join the BEPS project on an equal footing with other countries to tackle tax avoidance, to improve the coherence of international tax rules, and to ensure a more transparent tax environment. 

Mobilising domestic resources through tackling base erosion and profit shifting

Click on the image for more information.

Direct participation in the BEPS Project

14 countries from a cross-section of regions and per capita income-levels have participated directly in the Committee on Fiscal Affairs and the Working Party meetings on the BEPS Project as invitees.

Who are these countries?: Albania, Azerbaijan, Bangladesh, Croatia, Georgia, Jamaica, Kenya, Morocco, Nigeria, Peru, Philippines, Senegal, Tunisia, and Viet Nam.

Two Regional Tax Organisations - the African Tax Administration Forum (ATAF) and the Inter-American Centre for Tax Administration (CIAT) - are also directly involved in the Project. The OECD organised in December 2014 a workshop with these countries on their engagement in the BEPS Project. Through their direct involvement, countries are able to provide input at the working and the decision-making levels, and to ensure that their specific concerns are taken into account in the solutions developed to tackle BEPS.

 

Regional Networks on the BEPS Project

Regional Network meetings are being set up for an ongoing and more structured dialogue process with a broader group of developing countries, particularly low-income countries which may lack the capacity to participate directly in the BEPS Project.

In two rounds of meetings in 2015 and early 2016, 59 countries participated in the Regional Network meeting, feeding their input into the BEPS Project.

Who are these countries? Afghanistan, Argentina, Azerbaijan, Bangladesh, Belize, Benin, Bhutan, Botswana, Brazil, British Virgin Islands, Burkina Faso, Cambodia, Cameroon, Chile, China (People's Republic of), Colombia, Congo, Costa Rica, Côte d’Ivoire, Democratic Republic of the Congo, Ecuador, El Salvador, France, Gabon, Georgia, Guatemala, Guyana, Honduras, Hong Kong (China), India, Indonesia, Japan, Korea, Laos, Malaysia, Maldives, Mali, Marshall Islands, Mexico, Morocco, Myanmar, New Zealand, Niger, Pakistan, Panama, Peru, Philippines, Senegal, Singapore, Sint Maarten, Slovak Republic, Spain, Sri Lanka, Chinese Taipei, Tajikistan, Thailand, Togo, Tunisia, Turkey, Uruguay, Viet Nam..

See below for a complete list of meetings or click on the image for more information (also available in French and Spanish).

Upcoming 2015 tax events with involvement of partner economies

 

Capacity Building

Toolkits to assist developing economies implement BEPS action items are developed by the OECD secretariat in cooperation with other international organisation and regional tax organisations. These toolkits containing reports, guidance, model legislation, train the trainers materials and other tools will support capacity building. They will be practical and based on real-life cases to facilitate the work of tax administration. 

To ensure that these toolkits meet the demands of developing countries and assist them in effectively and efficiently implement the BEPS solutions to complex international tax issues, consultations are held

  • through events, such as the Regional Network Meetings, Global Forum meetings, ad hoc meetings and meetings organised by the cooperating other organisations; and
  • online, for example through online surveys, written consultations and webcasts.

 

EVENTS

Regional Network Meetings

 » See full list of events

Global Fora and ad hoc meetings

 

Recommended links

 

Related Documents