Thanks Brent!
"At the same time, governments around the world have become increasingly concerned with “double non-taxation”, i.e., companies not paying tax in either the country where they make their profits or the country where their headquarters are. Double non-taxation is one of the targets of the OECD/G20 project to counter tax base erosion and profit shifting (<http://www.oecd.org/tax/beps.htm>BEPS). Over 120 countries have participated in the project in recognition of the fact that a country trying to tackle BEPS on its own would probably lose out to more generous rivals. With the recent release of the final BEPS package, and the ongoing work on <http://www.oecd.org/ctp/exchange-of-tax-information/>exchange of tax information, governments are well equipped to meet this challenge."
"At the same time, governments around the world have become increasingly concerned with “double non-taxation”, i.e., companies not paying tax in either the country where they make their profits or the country where their headquarters are. Double non-taxation is one of the targets of the OECD/G20 project to counter tax base erosion and profit shifting (<http://www.oecd.org/tax/beps.htm>BEPS). Over 120 countries have participated in the project in recognition of the fact that a country trying to tackle BEPS on its own would probably lose out to more generous rivals. With the recent release of the final BEPS package, and the ongoing work on <http://www.oecd.org/ctp/exchange-of-tax-information/>exchange of tax information, governments are well equipped to meet this challenge."
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