The BEPS Monitoring Group has made a submission to the OECD consultation on the Transfer Pricing Aspects of Financial Transactions. It is available here, and suggests that the draft should have more urgency given the key role that financial structures play in tax avoidance by MNEs, as pointed out in the BEPS Action 4 report. Regrettably, the recommendations in that report would still allow excessive deductions for most MNEs in most industry sectors, so that strong transfer pricing rules will remain important, and we argue for simplified methods that would be both effective and easy to apply.Read More
The BMG has made a submission to the UK Treasury consultation on a Royalties Withholding Tax.
The BMG has made a submission to the UK Treasury consultation on Corporate Tax and the Digital Economy.Read More
The BMG has made a new submission on Tax Challenges of the Digital Economy in response to the Request for Comments by the OECD in connection with the work of the Task Force on the Digital Economy, preparing a report for the G20.Read More
The BMG has now submitted its comments on the discussion draft from the Platform for Collaboration on Tax for a Toolkit on Taxation of Offshore Indirect Transfers of assets.Read More
The BMG has made a submission on the Draft Revised Guidance on Profit Splits.Read More
The BMG has made a submission on Attribution of Profits to a Permanent Establishment in response to the OECD Discussion Draft.Read More