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US Insights on Base Erosion and Profit Shifting
Our US team of international tax professionals has been monitoring the global landscape related to BEPS. Read our perspectives on BEPS and the middle market below.
Visit our Global Insights page for more perspectives from RSM member firms around the world.
Legislation relating to the Base Erosion and Profit Shifting (BEPS) Action Items has resulted in expanded tax due diligence engagements.
A guide for multinational corporations regarding country-by-country reporting questions and base erosion profit shifting.
Read RSM partner Daniel Berman interview with BEPS Global Currents regarding the OECD BEPS Multilateral Instrument.
As part of Germany’s efforts to implement the OECD’s BEPS Action Plan, expense deductions will be limited for payments after Dec. 31, 2017.
New IRS guidance on country-by-country (CbC) reporting highlights useful information and additional resources.
Officials from 76 jurisdictions, not including the United States, met to sign the BEPS multilateral treaty instrument.
The IRS has confirmed that two country-by-country competent authority agreements have been signed, one of which was with the Netherlands.
BEPS Action Item 13 provides new guidance for transfer pricing documentation and country-by-country reporting for US multinationals.
Updated UN transfer pricing manual means taxpayers should be wary of their transfer pricing positions, particularly in developing countries.
As companies grow globally specific activities give rise to a permanent establishment and potential tax obligations in foreign countries.