Question

To pay tax and participate in development activities

Answer 1

Answer:

Developing countries are frequently reporting the need to implement measures designed to balance protecting their tax base whilst creating a transparent and predictable investment climate through the introduction of rules that are effective in addressing base erosion and profit shifting (BEPS) and create certainty and consistency for business. Global implementation of the BEPS outcomes aims to protect the tax base of countries and provide a more certain investment climate through the consistent implementation of international standards and best practices.

The Tax and Development Programme delivers support initiatives for developing countries seeking to implement or strengthen their regimes for addressing transfer pricing and other BEPS-related issues, through two-to-three year-long capacity development programmes. These programmes are demand-led and provide solutions to the different needs developing country tax administrations have in the area of transfer pricing and other BEPS matters. Most of the programmes are delivered in co-operation with international agencies such as the African Tax Administration Forum, the European Commission and the World Bank Group.