BEPSohjelmien

BEPSohjelmien refers to initiatives and strategies aimed at addressing Base Erosion and Profit Shifting (BEPS). BEPS is a tax planning strategy that exploits gaps and mismatches in tax rules between countries to artificially shift profits to low or no-tax locations. The Organisation for Economic Co-operation and Development (OECD) and the G20 countries have been leading efforts to combat BEPS since 2013.

The BEPS project has produced a package of 15 Actions designed to tackle tax avoidance by multinational enterprises. These Actions cover a range of issues, including digital economy taxation, treaty abuse, transfer pricing, and transparency. The goal is to ensure that profits are taxed where economic activities are performed and value is created.

Key outcomes of the BEPS project include updated guidance on transfer pricing, measures to prevent treaty abuse, recommendations for improved tax certainty, and a framework for country-by-country reporting. These changes are being implemented through a combination of domestic legislative changes and multilateral agreements, such as the Multilateral Instrument (MLI). The MLI allows countries to modify their bilateral tax treaties to implement BEPS measures more efficiently.

The BEPSohjelmien aim to create a more coherent and fair international tax system, preventing a "race to the bottom" in corporate tax rates and ensuring that companies pay their fair share of tax. This is an ongoing process, with continuous monitoring and further development of the BEPS framework to adapt to evolving business practices and economic landscapes.