Countering harmful tax practices more effectively, taking into account transparency and substance

Preferential regimes continue to be a key pressure area in international taxation. The OECD’s 2013 BEPS report recognises that these need to be dealt with more effectively and the work of the Forum on Harmful Tax Practices (FHTP) needs to be refocused with an emphasis on substance and transparency. This is an interim report that sets out the progress made to date.

Chapter 1. Introduction and background

Chapter 2. Overview of the OECD’s work on harmful tax practices

Chapter 3. Framework under the 1998 Report for determining whether a regime is a harmful preferential regime

Chapter 4. Revamp of the work on harmful tax practices

Chapter 5. Review of member and associate country regimes

Chapter 6. Next steps

Annex A. Spontaneous information exchange on rulings related to preferential regimes-flow chart