Harmful Tax Practices - 2017 Progress Report on Preferential Regimes

​The OECD's "Harmful Tax Practices – 2017 Progress Report on Preferential Regimes" evaluates 164 preferential tax regimes across various jurisdictions to identify and address features facilitating base erosion and profit shifting (BEPS). The report highlights significant progress, noting that approximately 95% of the 99 regimes requiring action have been abolished or amended to align with BEPS standards. This underscores a global commitment to curtail harmful tax practices and enhance transparency in international taxation.

On 13 November 2018, the Inclusive Framework on BEPS approved updates to the results of reviews of preferential tax regimes conducted in connection with BEPS Action 5. The data below presents the conclusions of the work on regime reviews. The results below are a consolidated update of the regimes reported in "Harmful Tax Practices – 2017 Progress Report on Preferential Regimes". Please note that this is the last update to the 2017 Progress Report.