BEPS Readiness Test

What is happening?

Today tax executives are feeling the heat due to enduring pressure to improve efficiency, grow revenue and ensure control. Increasing tax regulatory requirements are making “being in control” even more challenging. In July 2013, OECD – the global guiding institute on tax and transfer pricing issues, released an Action Plan on Base Erosion and Profit Shifting (BEPS). The BEPS action plan sets forth 15 actions aimed to address tax planning strategies that exploit gaps and mismatches in tax rules or shift profits to locations where there is little or no activity. These actions will result in fundamental changes to the international tax standards. Given the increasing attention to addressing BEPS, OECD has scheduled to finalize the related guidelines in 2015.

What are you going to do about it?

I will do nothing – OECD is not an official regulator
I will choose a course of action when BEPS activities materializes in OECD guidelines or local legislations
I will make a comprehensive BEPS proof assessment today and work on minimizing my tax / transfer pricing risks

How can we help?

TPA Global has developed a BEPS proof assessment tool to help you identify, at a high level, your readiness to comply with new international tax standards that are encouraged by OECD Action Plan on Base Erosion and Profit Shifting. The assessment captures insights across the organization using structured interviews facilitated by TPA Global professionals. We help you anticipate and proactively minimize potential tax and transfer pricing risks following a 15 BEPS actions approach.

What is our methodology?

What are your benefits?

• You will get a comprehensive “dashboard style” status report of your readiness to comply with the new BEPS triggered regulations;
• You will have broader recognition and understanding of your key compliance risks;
• Based on the assessment, you will be able to proactively identify and develop actionable tax/ transfer pricing risk management tactics, including remodeling your tax/ TP scenarios;
• You will be able to avoid potential reputational damage by unveiling underlying issues and risks that you are not aware of;
• You can take immediate action, because the report is ready in 48 hours after the interviews have been finalized.

BEPS Leaflet    Example Report    BEPS Sound Bites