The OECD released draft reports between 14 March 2014, and 19 March 2014, as part of the Base Erosion and Profit Shifting program that call for substantial changes to domestic tax rules, double taxation agreements, and amendments to the OECD Model Tax Convention and Commentary.
If the recommendations are widely adopted, they will have a significant and fundamental impact on many private equity arrangements, in particular those traditionally used to facilitate international investments. Click here to read more.