BEPS 2014 - OECD Base Erosion and Profit Shifting Project

Instruments and Guidelines

Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS OECD, 7 June 2017 (Explanatory Notes)

Canadian Adoption

Status of List of Reservations and Notifications at the Time of Signature Department of Foreign Affairs, Trade and Development, 30 May 2017 (press release)

Backgrounder: Impact of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (fin.ca) Department of Foreign Affairs, Trade and Development, 6 June 2017

OECD Guidelines

Standard for Automatic Exchange of Financial Information in Tax Matters - Implementation Handbook - Second Edition OECD, April 2018

Action Items Final

Action Pages Size
Action 1: Addressing the Tax Challenges of the Digital Economy 285 3.21 M
Action 2: Neutralising the Effects of Hybrid Mismatch Arrangements 454 5.22 M
Action 3: Designing Effective Controlled Foreign Company Rules 69 1.96 M
Action 4: Limiting Base Erosion Involving Interest Deductions and Other Financial Payment 115 2.09 M

Action 4 2016 update

214 2.68 M
Action 5: Countering Harmful Tax Practices More Effectively, Taking into Account Transparency and Substance 79 3.26 M
Action 6: Preventing the Granting of Treaty Benefits in Inappropriate Circumstances 101 1.75 M
Action 7: Preventing the Artificial Avoidance of Permanent Establishment Status 46 1.70 M
Actions 8-10: Guidance on Transfer Pricing Aspects of Intangibles 186 2.24 M
Action 11: Measuring and Monitoring BEPS 268 4.64 M
Action 12: Mandatory Disclosure Rules 97 1.89 M
Action 13: Guidance on Transfer Pricing Documentation and Country-by-Country Reporting 70 1.59 M

Action 13 September 2017 update

20 195 K
Action 14: Making Dispute Resolution Mechanisms More Effective 45 1.54 M
Action 15: Developing a Multilateral Instrument to Modify Bilateral Tax Treaties 54 1.53 M

Action Item Drafts

"Action Plan on Base Erosion and Profit Sharing" OECD, July 2013

  1. "Addressing Tax Challenges of the Digital Economy" (deliverable) OECD, 16 September 2014 (200 pages/4.70 M)
  2. "Neutralising the Effects of Hybrid Mismatch Arrangements" (deliverable) OECD, 16 September 2014 (100 pages/1.77 M); (first discussion draft) (79 pages/505 K); (second discussion draft) (14 pages/356 K)
  3. "Strengthen CFC Rules" (discussion draft) OECD, 3 April 2015 (70 pages/576 K)
  4. "Interest Deductions and Other Financial Payments" (discussion draft) OECD, 11 February 2014 (93 pages/1.48 M) (discussion draft re interest in banking and insurance) (33 pages/791 K)
  5. "Countering Harmful Tax Practices More Effectively, Taking into Account Transparency and Substance" (deliverable) OECD, 16 September 2014 (68 pages/1.48 M)
  6. "Preventing the Granting of Treaty Benefits in Inappropriate Circumstances" (deliverable) OECD, 16 September 2014 (108 pages/2.00 M); (discussion draft) (44 pages/313 K)
  7. "Preventing the Artificial Avoidance of PE Status" (discussion draft) OECD, 31 October 2014 (26 pages/144 K) (discussion draft) (314 K)
  8. "Guidance on Transfer Pricing Aspects of Intangibles" (deliverable) OECD, 16 September 2014 (132 pages/2.29 M) (discussion draft) (393 K)
  9. "Assure that transfer pricing outcomes are in line with value creation: risks and capital" (to be released)
  10. "Proposed Modifications to Chapter VII of the Transfer Pricing Guidelines Relating to Low Value-Adding Intra-Group Services" (discussion draft) OECD, 3 November 2014 (20 pages/836 K)
  11. "Establish methodologies to collect and analyse data on BEPS and the actions to address it" (discussion draft) (1.89 M)
  12. "Mandatory Disclosure Rules" (discussion draft) OECD, 1 April 2014 (82 pages/668 K)
  13. "Guidance on Transfer Pricing Documentation and Country-by-Country Reporting" (deliverable) OECD, 16 September 2014 (48 pages/3.22 M)
  14. "Make dispute resolution mechanisms more effective" (released as final draft only)
  15. "Developing a Multilateral Instrument to Modify Bilateral Tax Treaties" (deliverable) OECD, 16 September 2014 (64 pages/1.89 M)

Other

Action 6 - Peer review of minimum standards OECD, 29 May 2017 (OECD announcement)

Action 13 - Guidence on the Implementation of Country-by-Country Reporting OECD, 5 December 2016 (294 K) (OECD announcment)

Action 13 - Guidence on the Implementation of Country-by-Country Reporting OECD, 8 February 2017 (232 K) (OECD announcment)

Action 13 - Guidance on the appropriate use of information contained in CbC Reports OECD, 6 September 2017 (232 K) (OECD announcment)

Action 15 - A Mandate for the Development of a Multilateral Instrument on Tax Treaty Measures to Tackle BEPS OECD, 31 May 2016 (491 K) (OECD announcement)