The OECD presented an action plan to G20 finance ministers meeting in Moscow last month with the aim to clamp down on double non-taxation and reform tax rules affecting the digital economy. The 15-point action plan will address corporate tax evasion at an international level, focusing on the growing complexity of tax in a digital economy, but rules out a move to unitary taxation.OECD's Action Plan on Base Erosion and Profit Shifting (BEPS) states that fundamental changes are needed to prevent so-called 'double non-taxation' of multinationals and cases of low or no taxation 'associated with practices that artificially segregate taxable income from the activities that generate it'.
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