Let’s talk about BEPS! Base Erosion and Profit Shifting (BEPS) The OECD 15 points Action Plan Substance üDigital Economy üTP / Intangibles TP / Risk & Capital üHybrid Mismatch üTP / Documentation TP / High Risk Transactions Arrangements ncy pare Trans üHarmful Tax Practices Interest Deductions üTax Treaty Abuse üMultilateral CFC Rules Instrument Avoidance of PE Status Methodologies & Data Analysis Disclosure Rules Dispute Resolution Are you prepared for BEPS? Doc ume ntat ion Given the very ambitious timeline for the implementation of the BEPS Action Plan, it is crucial for businesses not only to fully understand the current tax debate, but also to consider and anticipate any potential impact on existing structures or on future transactions. What are the key questions to which multinational enterprises should seek answers? *How are the various countries reacting to BEPS? For more information about BEPS visit our website kpmg.com/LU/BEPS kpmg.com/LU/BEPS-FAQ *How might BEPS affect my business? * Are the transactions and structures in place or in progress “BEPS compliant”? *Which BEPS action might have the most impact on my business? *What is the best possible tax strategy for my company in the future? *Am I prepared to communicate on these strategies? Contact us We can help! In order to help you answer those questions and address this challenge in the most timely and efficient way, KPMG has put together a dedicated BEPS team. Our tailor-made BEPS services Sébastien Labbé Partner T: + 352 22 51 51 5565 E: [email protected] Face to face discussions to keep you up to date Tailored workshops to go deeper into the BEPS recommendations Health check / Review of your structures Assistance in defining a sustainable tax policy/strategy Review of your tax communication strategy Louis Thomas Partner T: + 352 22 51 51 5527 E: [email protected] Philippe Neefs Partner, Transfer Pricing T: + 352 22 51 51 5531 E: [email protected] Flora Castellani Director, Tax Knowledge T: + 352 22 51 51 5353 E: [email protected] www.kpmg.lu The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. © 2014 KPMG Luxembourg S.à r.l., a Luxembourg private limited company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.