OECD Talks BEPS Implementation With Eurasian Officials
In late October, public and private sector representatives from Eastern Europe and Central Asia met to discuss collaborating on the implementation of the OECD’s recommendations on base erosion and profit shifting.
The meeting was hosted in Tbilisi by the Georgian Ministry of Finance and the Georgia Revenue Service, in co-operation with the Organisation for Economic Co-operation and Development and the Intra-European Organisation of Tax Administrations (IOTA). The event followed the previous round of regional meetings on BEPS organized earlier in 2015, and in particular the one that took place on March 5-6, 2015, at the OECD Multilateral Tax Centre of Ankara.
65 participants attended the meeting and provided feedback on the delivery of the final BEPS package. They discussed how to develop a more inclusive framework to include interested countries on an equal footing in the implementation and monitoring of the measures adopted in the context of the BEPS project. 15 countries were represented.
Additional discussions focused on toolkits for developing countries and existing and possible new initiatives aimed at capacity building in the region.