OECD: communication on engagement with stakeholders on the Action Plan on Base Erosion and Profit ShiftingDecember 13, 2013
On 3 December 2013, the OECD published a calendar for planned stakeholders’ input in 2014 in respect of the Action Plan on Base Erosion and Profit Shifting (BEPS).
At the request of the G20, the OECD developed an action plan to tackle BEPS in a comprehensive manner.
The BEPS Action Plan, which was published on 19 July 2013, was fully endorsed by the G20 finance ministers at their meeting of 19 July 2013 and by the G20 leaders at their meeting on 5–6 September 2013.
It provides for 15 actions to be undertaken in the context of the OECD/G20 BEPS project, to which all non-OECD G20 countries (Argentina, Brazil, China (People’s Rep.), India, Indonesia, Russia, Saudi Arabia and South Africa) participate on an equal footing with OECD countries.
The timeline of the OECD/G20 BEPS project is extremely ambitious, with the first outputs expected for September 2014 and the completion of the project by the end of 2015.
Input from relevant stakeholders is essential as the BEPS project moves forward, to develop the measures envisaged in the BEPS Action Plan.
The OECD’s institutional relationship with civil society is through the Business and Industry Advisory Committee (BIAC) and the Trade Union Advisory Committee (TUAC) to the OECD.
Business, non-governmental organizations, think tanks and academia will also be consulted directly.
The OECD welcomes input from all stakeholders.
In order to facilitate active involvement of all stakeholders:
- Regular briefs will be delivered through webcasts and will be accessible for free by all interested parties
- Requests for input are published on the OECD website to inform on the work at an early stage
- Discussion drafts are published for comments
- Public consultations are organized to discuss the comments received
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