BEPS Project Explanatory Statement
2015 Final Reports
Addressing base erosion and profit shifting is a key priority of governments around
the globe. In 2013, OECD and G20 countries, working together on an equal footing,
adopted a 15-point Action Plan to address BEPS. Beyond securing revenues by realigning
taxation with economic activities and value creation, the OECD/G20 BEPS Project aims
to create a single set of consensus-based international tax rules to address BEPS,
and hence to protect tax bases while offering increased certainty and predictability
to taxpayers. A key focus of this work is to eliminate double non-taxation. However
in doing so, new rules should not result in double taxation, unwarranted compliance
burdens or restrictions to legitimate cross-border activity. This Explanatory Statement
offers an overview of the BEPS Project and outcomes.
Published on August 26, 2016Also available in: German, Spanish, French
In series:OECD/G20 Base Erosion and Profit Shifting Projectview more titles