Turkish Tax News
Base Erosion and Profit Shifting Country by Country Reporting and Turkey
04 May 2020

Base Erosion and Profit Shifting Country by Country Reporting and Turkey

Base Erosion and Profit Shifting is a Project developed by OECD and G20 in order to put an end to tax avoidance strategies that exploit gaps and mismatches in tax rules to avoid paying tax. For the purposes of dealing with international tax avoidance BEPS Package has been developed by OECD. Ultimate purpose of the project is establishing a modern international tax framework to ensure profits are taxed where economic activity and value creation occur.