A Decade of the BEPS Initiative

The base erosion and profit shifting (BEPS) Project was designed to address concerns that the international tax system had not kept pace with the realities of the modern global economy. Ten years following the publication of the BEPS package of 15 measures to counter tax avoidance, this report takes stock of the progress made in implementing the BEPS measures and the economic impact these changes have had. The report shows how the BEPS Project has changed the conversation on international tax and established new expectations for corporate responsibility and transparency, strengthening collaboration between tax authorities and enhancing tax certainty through the definition and co-ordinated application of common international tax rules. This report was prepared by the Inclusive Framework ahead of the October 2025 meeting of G20 Finance Ministers and Central Bank Governors under the South African G20 Presidency.