01 Apr 2015
BEPS is a four-letter word that is sending many into a tailspin of fear and confusion. But is it the intended outcome of the Base Erosion and Profit Shifting (BEPS) initiative that people should be worrying about, or the unintended collateral damage that may be caused by the hurried implementation of an over-ambitious and naive attempt at saving the planet, or at least the revenue coffers of the fiscally-stretched Organisation for Economic Co-operation and Development (OECD) signatory nations?
To explore the meaning behind this seemingly simple and well-intentioned acronym, the Singapore Institute of Accredited Tax Professionals organised a BEPS technical session.
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