On 16 June 2016, the OECD held a webcast to provide updates on ongoing work regarding the BEPS Project, tax transparency and other matters. The following is a summary of the main areas being worked on.
Multilateral Instrument (BEPS Action 15)
Work on the Multilateral Instrument being developed under Action 15 of the BEPS Project to implement the treaty-related BEPS measures is well underway. A public consultation on the instrument will be held 7 July 2016, with a final draft to be finished…