The package provides a comprehensive framework of international standards and recommendations to help address the BEPS concerns identified by the OECD in their 15-point Action Plan of July 2013. The package, which consists of 13 Reports in total, can be found here.
The focus is now on the implementation of the BEPS measures, as countries internationally introduce changes to their domestic law to underpin the BEPS changes. Ireland signed the Multi-lateral Instrument (MLI) on 7 June 2017 in Paris to implement tax treaty-related measures preventing BEPS. In June 2017, the Department of Finance published a Technical Briefing Note – Ireland’s approach to the OECD Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS.
The Institute made 18 submissions relating to the BEPS project and we have set out here the most recent submissions
September 2016 – Submission on Revised Guidance on Profit Split