Global Focus on BEPS

BEPS is broader than tax

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For companies with operations in multiple jurisdictions, each new change brings additional risk. Business leaders need to understand these trends in order to help their organizations respond appropriately.

The OECD has released and the G20 have endorsed the final reports on the BEPS Action Plan. These reports on the 15 focus areas reflect recommendations for significant changes in international tax laws and treaties. But the impact of these changes extends beyond the tax department.

Preparing for the ripple effects from BEPS

The changes will have an impact not only on tax departments and tax compliance, but also on the manner in which many enterprises conduct business overall. Companies will need to reconsider and potentially realign their business models, especially their supply chain and finance and treasury functions. For some companies, the changes will be minor. For others, it will be a complete game-changer.

When reviewing business models and developing strategic plans for any necessary restructuring or realignment needed in the countries where they operate, MNCs should consider a broad range of factors. Among them are:

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  • Tax impact
  • Market and competitive dynamics
  • Intellectual property strategy
  • Legal entity structure
  • Relationships with tax policy makers and
    administrators
  • Planning for acquisitions and dispositions

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EY - Saint-Amans: new direction for OECD's tax work

Saint-Amans: new direction for OECD's tax work

Pascal Saint-Amans details the latest direction of the OECD's post-BEPS tax work with business representatives at EY's aHead of Tax client event in Barcelona.

 
EY - How does BEPS affect key business functions?

How does BEPS affect key business functions?

In a series of seven Thought Center Webcasts, EY examined how BEPS could affect other key business functions. Visit this site to watch the webcasts in the series on-demand.

 
EY - Business implications of BEPS

Business implications of BEPS

In a series of seven Thought Center Webcasts, EY examined how BEPS could affect other key business functions. Visit this site to watch the webcasts in the series on-demand.