Australia

Base Erosion and Profit Shifting (BEPS) 

Are companies paying their 'fair share' of tax? Societal concern about companies paying their 'fair share' of tax has provoked robust debate, and sharpened the impetus for tax reform.
Base Erosion and Profit Shifting (BEPS)

David Linke

David Linke

National Managing Partner, Tax

+61 2 9335 7695

Grant Wardell-Johnson

Grant Wardell-Johnson

Leader, Australian Tax Centre

+61 2 9335 7128

 

Base Erosion and Profit Shifting series

A series of articles, videos and commentary addressing the debate on Base Erosion and Profit Shifting (BEPS).

The concerns within society about the fairness and adequacy of the tax system have led to an unprecedented public discussion. Governments, companies and individuals are weighing in on this debate.

 

In October 2015, the OECD released the final package of measures of its Action Plan for Base Erosion and Profit Shifting (BEPS) which seeks to address the discrepancy between the current international tax rules and the concept of the 'fair share' through recommended changes to tax rules.

 

Australia has already begun implementing measures to address these issues, such as the multinational anti-avoidance rule (Australia's 'de facto' diverted profits tax regime), Country by Country reporting and tax transparency for corporate taxpayers.

 

How we can help

KPMG's Tax team can assist companies to consider reputational risk, tax narratives, their tax structures and how to future proof them.

 

If you would like assistance, please call your KPMG adviser or contact David Linke or Grant Wardell-Johnson.

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International tax: current developments and implications for your business

International tax: current developments and implications for your business
This publication provides a summary of the key elements in the papers published by the OECD-G20 on Base Erosion & Profit Shifting in September 2014.

Pascal Saint-Amans, OECD Tax Director, addresses KPMG clients

Speaking ahead of the G20 meeting on 23-24 February 2014, the OECD’s Tax Director, said an ambitious timetable of reform must and would be met.

Videos: Understanding the Base Erosion and Profit Shifting (BEPS) debate

Videos: Understanding the Base Erosion and Profit Shifting (BEPS) debate
David Linke, KPMG's National Corporate Tax Leader and Grand Wardell-Johnson, Leader, Australian Tax Centre talk about the BEPS debate.

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