- NY Credits : 12.0
- TX Credits : 12.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 12.0
The Organization for Economic Cooperation and Development (OECD) and the G-20 issued 13 Final Reports covering 15 Action Items in its Base Erosion and Profits Shifting (BEPS) project. The Action Plans are built upon three pillars: (1) introducing coherence in the domestic rules that affect cross-border activities; (2) reinforcing substantive requirements in existing international standards; and (3) improving transparency, as well as certainty. This course examines the key principles of each of the Action Plans and the recommendations made in each report to fiscal policy makers to consider within each of their respective countries. This course is most appropriate for the professional with detailed knowledge in base erosion and profit sharing who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Upon successful completion of this course, the user should be able to:
recognize the key provisions of each of the OECD Base Erosion and Profit Shifting Action Plans that address the weaknesses in the international tax framework governing cross border transactions, and
identify the related recommendations requiring a move by tax policy makers to restore confidence in the system and ensure that profits are taxed where economic activities take place and value is created.