OECD Public Discussion Draft on BEPS Action 3: Strengthening CFC Rules
From the OECD website:
“This discussion draft considers all the constituent elements of CFC rules and breaks them down into the “building blocks” that are necessary for effective CFC rules. The majority of these building blocks include recommendations, and the building block that does not yet include a recommendation discusses possible options that could be included in effective CFC rules. The discussion draft also identifies specific questions where input is required in order to advance the work on CFC rules. The options and recommendations included in this discussion draft do not represent the consensus view of the Committee on Fiscal Affairs (CFA) or its subsidiary bodies, but they are intended to provide stakeholders with substantive options for analysis and comment.
The Action Plan calls for this work to be completed by September 2015. As part of the transparent and inclusive consultation process mandated by the Action Plan, the CFA invites interested parties to send comments on this discussion draft.
Comments should be submitted by 1 May 2015 at the latest (no extension will be granted) by email to CTPCFC@oecd.org in Word format (in order to facilitate their distribution to government officials). They should be addressed to Achim Pross, Head, International Co-operation and Tax Administration Division, OECD/CTPA.”
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