BEPS Action 3

BEPS Action 3, "Designing Effective Controlled Foreign Company Rules," is a measure developed by the Organisation for Economic Co-operation and Development (OECD) to address base erosion and profit shifting (BEPS) by multinational enterprises (MNEs). BEPS refers to the tax planning strategies used by MNEs to minimize their global tax burden by exploiting gaps and mismatches in the tax rules of d..