Thursday

Tackling Tax Evasion Worldwide

BEPS (Base Erosion and Profit Shifting) practices cost countries 100-240 billion USD in lost revenue annually, which is the equivalent to 4-10% of the global corporate income tax revenue.
Working together in the OECD/G20 BEPS Inclusive Framework, over 130 countries are implementing 15 Actions to tackle tax avoidance, improve the coherence of international tax rules and ensure a more transparent tax environment.

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