The latest results by the Forum on Harmful Tax Practices (FHTP) peer review of preferential tax regimes and no or only nominal tax jurisdictions highlight the progress made by jurisdictions in addressing harmful tax practices through the implementation of the international standard under BEPS Action 5.
At its December 2024 meeting, the FHTP reached new conclusions on eight regimes, and completed its fourth annual monitoring of the substantial activities requirements in no or only nominal tax jurisdictions, as part of the implementation of the BEPS Action 5 minimum standard on harmful tax practices.
The total number of regimes reviewed by the FHTP since the start of the BEPS Project is now 332, with over 40% of those regimes being (or in the process of being) abolished.
Learn more about BEPS Action 5 on harmful tax practices.
Inquiries should be directed to ctp.communications@oecd.org.
