Global tax crackdown moves closer

Rob Higher tax compliance rules and information sharing requirements are on the way as the global hunt for higher tax revenue picks up pace. 

Largely ignored locally, in the domestic election frenzy, the OECD released an update on its proposals for what amounts to a move toward a global tax authority.

This is the latest iteration of “BEPS” – the base erosion and profit shifting initiative kicked off by the OECD in 2010.

 

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