Attached are the latest BEPS developments; of particular importance is the International ComplianceAssurance Programme (ICAP). This program is a voluntary program that focuses on the Country-by-Country (CbC) reports to openly discuss tax risks.
This is a welcome collaborative effort between the tax administrations and MNEs, vs. using the CbC reports to draw unfounded assumptions.
Tax audits should also use this approach at the beginning of an audit to foster understanding and risks.
Click to access 2018G_00553-181Gbl_The%20Latest%20on%20BEPS%20-%2029%20January%202018.pdf
Strategizing Multinational Tax Risks 
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