Strategizing Multinational Tax Risks

Apart from the expectations surrounding the 5th October release of the OECD BEPS Action Items, the referenced EY Global Tax Alert provides relevant details for the following BEPS related activities:

• Australia: Multinational anti avoidance law (MAAL), transfer pricing documentation
• Belgium: Payments to “tax haven” jurisdictions
• Bulgaria: Consultation draft re: the EU Parent Subsidiary Directive; although the broader local GAAR would be retained
• China’s recent developments (refer to my 26 Sept. post)
• Denmark: Transfer pricing documentation
• Japan: Court case re: PE and “preparatory or auxiliary” exception
• Kuwait: Virtual Service PE interpretation (refer to my 23 Sept. post)
• NL: Transfer pricing doucmentation

Click to access 2015G_CM5800_The%20Latest%20on%20BEPS%20-%2028%20September%202015.pdf

The latest developments, along with future unilateral actions that follow the intent of the new OECD Action Items, should be monitored closely.  Additionally, such concepts should be reviewed for domestic legislative compliance, vs. intent.