Global Tax Reform: BEPS and Tax Transparency as Drivers

Insights from KPMG about the potential implications of these drivers on multinational companies

Manal Corwin

Manal Corwin

Principal in Charge, Washington National Tax, KPMG LLP (U.S.)

+1 202-533-3127
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The OECD’s base erosion and profit shifting (BEPS) project responded to growing concerns among OECD and non-OECD countries alike about the risks to tax revenues, tax sovereignty, and tax fairness that BEPS behaviors pose. Intertwined is the call for enhanced transparency of multinational corporations’ global tax footprint. In turn, jurisdictions around the world have embarked on wide-ranging tax reform efforts to address BEPS and transparency issues, including widely adopting country-by-country (CbyC) reporting and signing the multilateral instrument (MLI), creating a significant impact on the global tax landscape.



BEPS and tax transparency developments

Multilateral Instruments

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

Tax & Digitalization

Developments in the taxation of the digital economy

Resources to keep track of adoption of BEPS-related developments

BEPS Action 1: Taxation of the Digitalized Economy - Development Summary

General overview, covering direct and indirect taxes, of how countries are responding to the challenges arising from the digitalized economy, as of September 19, 2019

BEPS Action 13: Country Implementation Summary

Countries that intend to adopt, or have already adopted, draft or final legislation or regulations implementing the OECD's BEPS Action 13 documentation requirements, as of October 11, 2019

BEPS Action 15 - MLI: Country Implementation Summary

Overview of countries that intend to sign on, or have already signed on the OECD's BEPS Action 15 Multilateral Instrument, as of September 30, 2019

List of Signed United States Competent Authority Agreements

List of Signed United States Competent Authority Agreements on the exchange of country-by-country reports (CbyCR), as of August 13, 2019

CbyCR: Secondary Filing Jurisdictions for U.S. MNE Groups

List of secondary filing jurisdictions for U.S. MNE groups for periods that began on or after January 1, 2017, as of January 29, 2019

About KPMG's BEPS-related services


Insights from KPMG professionals on key global tax reform developments



Links to OECD and European Commission sites