MONITORing measures to end base erosion and profits shifting by TRANSNATIONAL CORPORATIONS

What is the BEPS Monitoring Group

The BEPS Monitoring Group (BMG) is a global network of independent researchers on international taxation, sponsored by tax justice organizations, concerned with the effects of tax avoidance by transnational corporations, especially on development. Its aim is to produce reports commenting on proposals for the reform of the international system for the taxation of transnational corporations. Our reports deal with technicalities, but are written as far as possible to be understandable by non-specialists in international tax, to facilitate a wide debate.

These reform efforts have occurred mainly in the project on base erosion and profit shifting (BEPS) launched in 2012 by the Organisation for Economic Cooperation and Development (OECD), and backed by the G20 world leaders in the St Petersburg Declaration of 2013. The OECD’s BEPS Action Plan has been the focus of many consultations, and we have published comments on all of them, which are available on this website. Although the main reports of the BEPS project were delivered in October 2015, work has continued on several of the key issues, and we are continuing to publish comments. These include in particular Action 1, on tax consequences of digitalisation of the economy.

Other international bodies, including the UN Committee of Tax Experts, the European Union and the International Monetary Fund, also publish proposals and reports on the reform of international corporate taxation. We hope that the reports provided by the BEPS Monitoring Group will feed into these discussions, especially in and concerning developing countries.

The BMG reports and submissions are prepared collaboratively by interested members of the group, and those who contribute to each document are credited. However, there is no requirement for consensus in the Group as a whole before the documents are published. Therefore, the published comments do not necessarily reflect the views of all BMG members, nor of any organisations with which they are affiliated.