Illusory transparency: A symptom of BEPS complexity

July 09, 2015

Illusory transparency

The inception of the OECD’s base erosion and profit shifting (BEPS) action plans was accompanied by new demands for fiscal transparency, ignoring omnipresent thorns of complexity.

Unlock this article.

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

To unlock this article:

Take a Free Trial or Login

Topics

Poland Portugal Philippines Qatar United States Oman Paraguay Peru Pakistan Panama Slovenia Armenia South Africa Singapore Antigua and Barbuda Slovak Republic Argentina Australia Romania Albania Russia Angola Serbia Algeria San Marino Saudi Arabia Andorra Monaco Mauritius Mexico Morocco Montenegro Malta Malaysia Nigeria Netherlands Antilles New Zealand Feature Norway Myanmar Netherlands Mozambique Latvia Kuwait Laos Lithuania Luxembourg Lebanon Liechtenstein Kenya Kosovo Israel Italy Isle of Man Jersey Jordan Jamaica Japan Kazakhstan Global Macedonia Gibraltar Greece Germany Guernsey Gulf Cooperation Council Greenland Guatemala Hong Kong SAR India Indonesia Hungary Iceland Ireland Iran Iraq Cuba Transfer Pricing Chile Direct Tax Chad Costa Rica Croatia China Colombia France Denmark Ecuador Cyprus Czech Republic European Union Finland Egypt Estonia Belize Tanzania Barbados Thailand Belgium Austria Spain Sri Lanka Azerbaijan South Korea Switzerland Bahrain Bangladesh Taiwan Sweden Bahamas Venezuela Canada Vietnam Cayman Islands Bolivia Uganda Bosnia and Herzegovina Turkey United Arab Emirates Bermuda Bulgaria Cambodia Uruguay United Kingdom Brazil Ukraine British Virgin Islands ITR Magazine July / August 2015 Africa Asia-Pacific Europe Latin America and Caribbean Middle East North America Central America Jurisdictions

more across site & bottom lb ros

More from across our site

EU General Court hearing.jpg

This week in tax: EU court strikes out Belgian tax scheme on state aid grounds

The General Court reverses its position taken four years ago, while the UN discusses tax policy in New York.

Ralph Cunningham, September 22, 2023

Viersen, Germany - January 9. 2022: Closeup of mobile phone with

Amount B remains prominent sticking point in BEPS talks

Discussion on amount B under the first part of the OECD's two-pronged approach to international tax reform is far from over, if the latest consultation is anything go by.

Ralph Cunningham, September 21, 2023

Preparation or readiness.jpg

Innovation and flexibility key to pillar two data readiness

Pillar two might be top of mind for many multinational companies, but the huge variations between countries’ readiness means getting ahead of the game now, argues Russell Gammon, chief solutions officer at Tax Systems.

Russell Gammon, September 20, 2023

ITR Autumn Issue 2023: Editorial

ITR’s latest quarterly PDF is going live today, leading on the looming battle between the UN and the OECD for dominance in global tax policy.

September 20, 2023

German government district, Berlin 2000x.jpg

German industry wants more from govt on draft tax reforms

Company tax changes are central to the German government’s plan to revive the economy, but sources say they miss the mark. Ralph Cunningham reports.

Ralph Cunningham, September 18, 2023

ITR-Americas-Tax-Awards-2023-editable-transparent-4c.png

ITR Americas Tax Awards 2023: winners announced

The winners of the ITR Americas Tax Awards have been announced for 2023!

John Harrison, September 15, 2023

Rachel Fox.jpg

More tax experts to seek out Middle East, Clyde & Co hire claims

There is a ‘huge demand’ for tax services in the Middle East, says new Clyde & Co partner Rachel Fox in an interview with ITR.

Sam Sholli, September 15, 2023

European Central Bank (editorial only) 2000x.jpg

This week in tax: ECB criticises Italy windfall tax on banks

The ECB warns the tax could leave banks with weaker capital levels, while the UAE publishes guidance on its new corporate tax regime.

Sam Sholli, September 15, 2023

Internal Revenue Serice Sign

Maintaining the tax base in the US and UK: TP and diverted profits tax

Caroline Setliffe and Ben Shem-Tov of Eversheds Sutherland give an overview of the US transfer pricing penalty regime and UK diverted profits tax considerations for multinational companies.

Caroline Setliffe, September 14, 2023

Money large

EY tax revenue grows by 7.5% during bumper year

The result follows what EY said was one of the most successful years in the firm’s history.

Sam Sholli, September 13, 2023