04/08/2014 – A request for input has been released today to invite public comments on BEPS Action 11 regarding work on establishing methodologies to collect and analyse data on BEPS and the actions to address it.

In July 2013, the OECD published its Action Plan on Base Erosion and Profit Shifting. The Action Plan identifies 15 actions to address BEPS in a comprehensive manner and sets deadlines to implement these actions. Action 11 reads as follows:

Action 11
Establish methodologies to collect and analyse data on BEPS and the actions to address it

Develop recommendations regarding indicators of the scale and economic impact of BEPS and ensure that tools are available to monitor and evaluate the effectiveness and economic impact of the actions taken to address BEPS on an ongoing basis. This will involve developing an economic analysis of the scale and impact of BEPS (including spillover effects across countries) and actions to address it. The work will also involve assessing a range of existing data sources, identifying new types of data that should be collected, and developing methodologies based on both aggregate (e.g. FDI and balance of payments data) and micro-level data (e.g. from financial statements and tax returns), taking into consideration the need to respect taxpayer confidentiality and the administrative costs for tax administrations and businesses.

 

The Action Plan also provided that “[t]he OECD’s work on the different items of the Action Plan will continue to include a transparent and inclusive consultation process” and that all stakeholders such as business, labour, non-governmental organisations, think tanks, and academia would be consulted.

As part of that consultation process, interested parties are invited to send comments on this request for input which should be submitted electronically (in Word format) before 5.00pm on 19 September 2014 (no extension will be granted) to CTP.TPS@oecd.org.

It is the policy of the OECD to publish all responses (including the names of responders) on the OECD website.

 

Update

07/10/2014 : Comments published on BEPS Action 11 request for input