TEI Comments on BEPS Action 3: CFC Rules
On April 30, 2015, TEI submitted comments on Action 3: Strengthening CFC Rules of the OECD’s BEPS project. The Institute’s comments focused on the need for the OECD to recommended consistent CFC rules across jurisdictions to decrease the chance of double taxation arising from widespread adoption of the rules and to reduce the compliance and administrative burden on taxpayers and tax authorities, among other things.