Tax policy analysis

Release of a discussion draft on BEPS Action 11 (Data Analysis)

 

16/04/2015 - Public Comments are invited on a discussion draft which deals with Action 11 (Improving the analysis of BEPS) of the BEPS Action Plan.

 

In July 2013, the Action Plan on Base Erosion and Profit Shifting directed the OECD to commence work on 15 actions designed to ensure the coherence of corporate income taxation at the international level. The first seven of these actions were presented to G20 Leaders at the Brisbane Summit in November 2014.

 

Action 11 of the BEPS Action Plan focuses on improving the availability and analysis of data on BEPS, including to monitor the implementation of the Action Plan and to evaluate the effectiveness and economic impact of actions to address BEPS on an ongoing basis.

 

ACTION 11

Establish methodologies to collect and analyse data on BEPS and the actions to address it

Establish methodologies to collect and analyse data on BEPS and the actions to address it. Specifically to: Develop recommendations regarding indicators of the scale and economic impact of BEPS and ensure that tools are available to monitor and evaluate the effectiveness and economic impact of the actions taken to address BEPS on an ongoing basis. This will involve developing an economic analysis of the scale and impact of BEPS (including spillover effects across countries) and actions to address it. The work will also involve assessing a range of existing data sources, identifying new types of data that should be collected, and developing methodologies based on both aggregate (e.g. FDI and balance of payments data) and micro-level data (e.g. from financial statements and tax returns), taking into consideration the need to respect taxpayer confidentiality and the administrative costs for tax administrations and businesses.

 

This discussion draft sets out the context and background to the work on Action 11, and includes chapters that focus on three key areas as follows:

  • Chapter 1 is an assessment of existing data sources relevant for BEPS analysis, describing the available data and their limitations for undertaking an economic analysis of the scale and impact of BEPS and BEPS countermeasures. 
  • Chapter 2 provides potential indicators of the scale and economic impact of BEPS and their various strengths and limitations.
  • Chapter 3 sets existing empirical analyses of BEPS and proposes two complementary approaches to estimating the scale of BEPS.

The consultation paper identifies specific questions where input is required in order to advance the work on Action 11.

 

The Action Plan calls for this work to be completed by September 2015. As part of the transparent and inclusive consultation process mandated by the Action Plan, the CFA invites interested parties to send comments on this consultation paper.

 

Comments should be submitted by 8 May 2015 at the latest (no extension will be granted) by email to CTP.TPS@oecd.org. They should be addressed to David Bradbury, Head, Tax Policy and Statistics Division, OECD/CTPA.

 

Please note that all comments received regarding this consultation paper will be made publicly available. Comments submitted in the name of a collective “grouping” or “coalition”, or by any person submitting comments on behalf of another person or group of persons, should identify all enterprises or individuals who are members of that collective grouping or coalition, or the person(s) on whose behalf the commentator(s) are acting.

 

Public Consultation

A public consultation meeting on Action 11 will be held in Paris at the OECD Conference Centre on 18 May 2015. Details of how to submit comments on the discussion draft and attend the public consultation meeting are available on line: www.oecd.org/ctp/tax-policy/public-consultation-beps-action-11-data-analysis.htm.