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19 July 2016

The latest on BEPS — 2016 mid-year review

A review of OECD and country actions during January-June 2016

EY has been following the OECD/G20 Base Erosion and Profit Shifting (BEPS) project from its start. Since 2014, we have tracked developments inspired or driven by BEPS, both at the OECD and country level. In doing so, we have been issuing a biweekly newsletter that summarizes the BEPS-related developments of the covered period, and a yearly special edition that highlights and recapitulates the year in review. Due to increasing BEPS-related activity and growing interest in the subject, we will be issuing our BEPS in review special edition twice a year.

A Tax Alert prepared by Ernst & Young's International Tax Services group, and attached below, provides additional details.

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ATTACHMENT

The latest on BEPS — 2016 mid-year review

Document ID: 2016-1245

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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