What Beps means for taxpayers

Extra complexity for cross-border business is set to be the order of the day

Tax considerations for taxpayers carrying on business across borders will become even more complex (and possibly costly) when the results of last week’s events become law.

Last Wednesday, almost 70 countries – including Ireland – came together in Paris to sign the OECD’s Multilateral Instrument (MLI). This will amend all tax treaties between the signatory countries and Ireland has many treaties which may be affected. So, rather than Ireland and other OECD members ...