Bloomberg BNA released its new BEPS Tracker, enabling international tax professionals to quickly determine the status of a country’s response to the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting (BEPS) action plan.
With the BEPS Tracker, practitioners have the latest information on countries’ proposed and final changes to tax laws and regulation.
Released this past October, the OECD’s final BEPS Action Plan is causing changes in how countries tax multinational corporations, giving tax practitioners and corporate tax departments more to stay up-to-date with. Countries are also interpreting this guidance differently. Bloomberg BNA’s BEP Tracker will help multinational companies track these country-specific developments so they can understand the steps needed to comply with new legislation and rule changes.
“The final BEPS Action Plan is having a profound impact on international taxation, so multinational corporations need to monitor BEPS-related developments and adjust their plans as needed,” stated George Farrah, editorial director of Bloomberg BNA’s Tax & Accounting division. “Practitioners can turn to Bloomberg BNA’s BEPS Tracker, a must-have tool that provides tax professionals daily coverage of BEPS-related news and developments from across the globe along with detailed summaries of how countries are responding to the BEPS Action Plan.”
BEPS Tracker also gives users access to in-depth analysis from leading practitioners, detailed analysis of BEPS-related topics, by country and action item, and links to relevant government announcements. Users can also create country-by-country comparison charts for all 15 action items.
The BEPS Tracker is part of the Premier International Tax Library, which provides access to tax treaties of nearly 200 countries and jurisdictions around the world.
