Executive summary
On 5 August 2021, the Organisation for Economic Co-operation and Development (OECD) released an update on the results of the peer reviews of jurisdictions’ domestic laws under Action 5 (harmful tax practices) of the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project. The results were approved on 7 June 2021 by the Inclusive Framework on BEPS.
The updated results cover 18 tax regimes. According to the press release, the total number of tax regimes that have been re…