The final reports on the Base Erosion and Profit Shifting (BEPS) Action Plan have been released by the Organisation for Economic Co-operation and Development (OECD) and endorsed by the G20. These reports on the 15 BEPS focus areas reflect recommendations for significant changes in international tax laws and treaties. Attention has now turned to the actions that are taken by countries in response to these recommendations.
The impact of these changes will be felt well beyond the tax department. EY has been examining the impact of BEPS on key business functions in a program of seven Thought Center Webcasts.
On 18 February, the fifth webcast in the series will focus on the impact of BEPS on the legal environment in which multi-national corporations and their legal function operate. During the webcast, senior EY legal professionals – including Global Law Leader, Cornelius Grossmann – will cover the implications that BEPS will have on legal matters, covering key areas such as corporate, contracts, intellectual property, data privacy finance, and compliance.