Forum on Harmful Tax Practices
Tax - anti-avoidance.
The Forum on Harmful Tax Practices is the body established by the Organisation for Economic Co-operation and Development (OECD) to review the compliance of tax jurisdictions with its guidelines on transparency and other aspects of tax structuring.
BEPS Action 5
- "BEPS Action 5 is one of the four BEPS minimum standards which all Inclusive Framework members have committed to implement. One part of the Action 5 minimum standard relates to preferential tax regimes where a peer review is undertaken to identify features of such regimes that can facilitate base erosion and profit shifting, and therefore have the potential to unfairly impact the tax base of other jurisdictions."
- OECD - 29 January 2019
- Base erosion and profit shifting (BEPS)
- CbC reporting
- Common Consolidated Corporate Tax Base
- Diverted profits tax
- Organisation for Economic Co-operation and Development
- Tax avoidance
- Preferential tax regime
- Worldwide interest cap