Global Correspondence

GFMA Submits Comment to the OECD on Base Erosion and Profit Shifting

GFMA provides comments to the Organisation for Economic Co-operation and Development (OECD) on the OECD’s Action Plan for Base Erosion and Profit Shifting (BEPS).  GFMA shares concerns that certain aspects of the Action Plan could have unintended consequences for the financial services industry. In order to minimize the risk of possible unintended effects, GFMA requests that the OECD consider the potential implications of the action items for the financial services industry.


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