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BEPS Inclusive Framework Agrees on Side-by-Side Arrangement for Pillar 2 Including Safe Harbors to Exempt MNE Groups Headquartered in Eligible Jurisdictions

|Approved Changes|OECD
OECD

The OECD has announced that the members of the BEPS Inclusive Framework have agreed on the key elements of a Side-by-Side arrangement that includes, among other things, two safe harbors that apply to MNE Groups headquartered in jurisdictions recognized by the Inclusive Framework as having an eligible tax regime. A Side-by-Side (SbS) Safe Harbor exempts such MNE Groups from the Income Inclusio…