Our series of tax notes seek to assist pension funds with pertinent tax issues that are the issue of the day.
This note highlights the Base Erosion & Profit Shifting (BEPS) initiative put forward by the OECD.
New anti-avoidance legislation impacting pension fund returns
The OECD have put forward an initiative which seeks to limit scope for perceived abuses of global tax practices. This initiative has added a further need for pension funds, as investors, to properly consider the mitigation of tax leakage in underlying investments. The OECD's recommendations are expected to be implemented across many territories by 1 January 2018.
For further information please see the note below highlighting the Base Erosion & Profit Shifting (BEPS) initiative put forward by the OECD.
