The OECD is under substantial political pressure to produce results from its project on base erosion and profit shifting (BEPS), a panel of tax executives and practitioners told an international meeting in London last week.
The Australian Tax Office has made some changes to how it works with large businesses, including creating a new role to look at base erosion and profit shifting (BEPS).
The much-anticipated filing last week of Twitter’s S-1 document with the Securities and Exchange Commission before its initial public offering (IPO) also revealed the micro-blogging site’s tax position.