{"id":62808,"date":"2015-10-12T14:08:44","date_gmt":"2015-10-12T14:08:44","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=ff12ee2f3addf50a1402aabf25e97e03"},"modified":"2015-10-12T14:08:44","modified_gmt":"2015-10-12T14:08:44","slug":"final-beps-plan-includes-country-by-country-reporting","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=62808","title":{"rendered":"Final BEPS plan includes country-by-country reporting"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\" property=\"content:encoded\">\n<div>&#13;<br \/>\n\tThe final package of the Organisation for Economic Co-operation and Development\u2019s base erosion and profit shifting (BEPS) measures includes new minimum standards on country-by-country reporting; treaty shopping; curbing harmful tax practices; and effective mutual agreement procedures.<\/div>\n<p>&#13;<\/p>\n<div>&#13;<br \/>\n\t\u00a0<\/div>\n<p>&#13;<\/p>\n<div>&#13;<br \/>\n\tThe package also revises the guidance on the application of transfer pricing rules to prevent taxpayers using so-called \u201ccash box\u201d entities to shelter profits in low, or no-tax jurisdictions. It redefines the key concept of permanent establishment to curb arrangements that avoid the creation of a taxable presence in a country by reliance on an outdated definition.<\/div>\n<p>&#13;<\/p>\n<div>&#13;<br \/>\n\t\u00a0<\/div>\n<p>&#13;<\/p>\n<div>&#13;<br \/>\n\tIt offers governments a series of measures to be implemented through domestic law changes. These include strengthened rules on controlled foreign companies, a common approach to limiting &#8230;<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<div>\n<div>\n<div>\n\tThe final package of the Organisation for Economic Co-operation and Development&rsquo;s base erosion and profit shifting (BEPS) measures includes new minimum standards on country-by-country reporting; treaty shopping; curbing harmful tax practices; and effective mutual agreement procedures.<\/div>\n<div>\n\t&nbsp;<\/div>\n<div>\n\tThe package also revises the guidance on the application of transfer pricing rules to prevent taxpayers using so-called &ldquo;cash box&rdquo; entities to shelter profits in low, or no-tax jurisdictions. It redefines the key concept of permanent establishment to curb arrangements that avoid the creation of a taxable presence in a country by reliance on an outdated definition.<\/div>\n<div>\n\t&nbsp;<\/div>\n<div>\n\tIt offers governments a series of measures to be implemented through domestic law changes. These include strengthened rules on controlled foreign companies, a common approach to limiting &#8230;<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/62808"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62808"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/62808\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}