Global Tax Reform: BEPS and Tax Transparency

Insights on the drivers of global tax reform affecting multinational companies

Manal Corwin

Manal Corwin

Principal in Charge, Washington National Tax, KPMG US

+1 202-533-3127
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The OECD’s base erosion and profit shifting (BEPS) project has spurred jurisdictions around the world to adopt wide-ranging tax reforms to address BEPS and transparency issues, including country-by-country (CbyC) reporting and tax treaty changes implemented via the multilateral instrument (MLI). The OECD is now poised to recommend a long-term solution to addressing the challenges arising from digital business models. Together, these reforms are creating a significant impact on the global tax landscape.

 

Tax & Digitalization

Developments in the taxation of the digital economy

Developments in the taxation of the digital economy

TaxNewsFlash—BEPS

BEPS initiative and tax transparency developments

BEPS initiative and tax transparency developments

Multilateral Instruments

Updates & insights on U.S. income tax treaties & the OECD's MLI

Updates & insights on U.S. income tax treaties & the OECD's MLI

Resources to keep track of adoption of BEPS-related developments

BEPS Action 1: Taxation of the Digitalized Economy Developments
July 22, 2021 | Overview, covering direct and indirect taxes, of how countries are responding to the challenges arising from the digitalized economy


You Can Also Track Developments with This App: 
The Digital Economy Tax Tracker App, developed by KPMG Global Services Hungary, covers both direct tax (BEPS 2.0 and digital services tax) and indirect tax (goods and services tax (GST) and value-added tax (VAT)) content for more than 70 countries. Content and additional jurisdictions are added on an ongoing basis.

Download for free from the Apple App Store or Google Play


 

BEPS Action 13: Country Implementation Summary
July 14, 2021 | Overview of countries that intend to adopt, or have already adopted, draft or final legislation or regulations implementing the OECD's BEPS Action 13 documentation requirements
BEPS Action 15 – MLI: Country Implementation Summary
March 30, 2021 | Overview of countries that intend to sign on, or have already signed on the OECD's BEPS Action 15 Multilateral Instrument
List of Signed United States Competent Authority Agreements
February 4, 2021 | List of Signed United States Competent Authority Agreements on the exchange of country-by-country reports

About KPMG's BEPS-related services

BEPS 2.0: Update on the State of Negotiations

July 16 TaxWatch webcast

July 16 TaxWatch webcast

KPMG Articles and Reports on BEPS

Insights from KPMG professionals on key global tax reform developments

Insights from KPMG professionals on key global tax reform developments

2021 Federal Tax Legislation

Stay informed about potentially significant changes to the U.S. tax landscape

Stay informed about potentially significant changes to the U.S. tax landscape