Inside observations on the BEPS Project

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Inside observations on the BEPS Project

The BEPS package was unveiled on October 5 2015 and endorsed by the G20 finance ministers at their meeting a few days later in Lima and by the G20 leaders at their November summit in Antalya. A little more than two years earlier, the OECD and G20 countries embarked on a significant re-write of the international tax rules to ensure that profits are taxed where economic activities are carried out and value is created. The BEPS package comprises reports on each of the 15 actions identified in the BEPS Action Plan, which was released in July 2013 and on the basis of which the BEPS Project was launched in September of that year. In this overview article David Bradbury, Achim Pross, Marlies de Ruiter, and Raffaele Russo take stock of what has been achieved over the last two years and look to the new challenges ahead. The following articles contain a detailed overview of each of the 15 actions.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login
more across site & shared bottom lb ros

More from across our site

Kingsley Napley’s claimants are arguing that taxing the provision of education breaches the European Convention on Human Rights
While pillar two can progress without the US, it won’t reach the same heights without American involvement, argues Renáta Bláhová, founding partner of BMB Partners Taxand
There are unanswered questions as to how foreign investors could reclaim money via tax credits, advisers suggested
Amid an ever-changing tax environment, India’s advisory market is bustling with competition ahead of the 2025 World Tax rankings and ITR Awards
The deal comes after PwC had accused Paul McNab of using confidential information; in other news, McDermott hired a new London tax head from a US rival
Looking at transfer pricing simplification is “obviously helpful”, but it should be done in line with current standards, a senior government figure reportedly said
The UK Government’s plans to close the tax gap via increased HM Revenue and Customs investment have failed to impress local tax advisers
Under the merged scheme for R&D tax relief introduced last year, rules on contracted out R&D have changed. James Dudbridge argues for a proactive approach when reviewing companies’ commercial arrangements
Cultural nuances could account for tax advisers’ perceived poor cost management, a local partner told ITR
Updated rules represent a significant shift in the Luxembourg TP landscape and emphasise the need for robust arm’s-length calculations, says Vanessa Ramos Ferrin of TransFair Pricing Solutions
Gift this article