Last fall, the secretary general of the Organisation for Economic Co-operation and Development (OECD) presented leaders of the G-20 nations with the final package of measures to combat Base Erosion and Profit Shifting (BEPS). The BEPS Project is a global tax initiative focused on better aligning economic activities, risks, and capital with the taxable profits they generate, which should increase transparency and prevent harmful tax competition.
To sort out how the BEPS Project will impact corporate treasury teams, Treasury & Risk sat down with Deloitte principal Melissa Cameron.
T&R: First, what is the goal of the BEPS Project?
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