Pearse Doherty
Question:184. Deputy Pearse Doherty asked the Minister for Finance the contributions, if any, that have been made by this State to the OECD BEPS project which will be reporting back to the next G20 in June. [20066/13]
View answerTuesday, 30 April 2013
Questions (184)
Written answers
The OECD published a report on Base Erosion and Profit Shifting (BEPS) by multinational corporations on 12th February 2013. The OECD will now prepare an action plan by June this year to examine next steps. Three focus groups have been established comprising of OECD members with the aim of developing the action plan. The OECD expects to present this action plan to the July G20 meeting. The report highlights that the only way to deal with BEPS is for countries to work together to consider how international rules can be amended to ensure fair levels of taxation are paid by all.
While the discussions of the OECD focus groups are at this point confidential I am pleased to inform the Deputy that Ireland, along with all other OECD members, is actively involved in the work of these focus groups.