South Africa Requests Public Input on Interim Report for BEPS

On 21 May 2015, the Davis Committee of the South African Ministry of Finance issued a media statement requesting input to assist in the Committee's drafting of its second interim report on base erosion and profit shifting (BEPS) issues affecting South Africa. The input should be based primarily on the following actions of the OECD BEPS Project:

• Action 3: Strengthen Controlled Foreign Corporations (CFC) rules;
• Action 4: Limit Base Erosion via Interest Deductions and Other Financial Payments;
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