1/14/2020 8:30 AM
1/14/2020 11:30 AM
OECD Base Erosion and Profit Shifting (BEPS) in the GCC Countries - What does it mean for multinational companies (MNCs) with a presence in the region?
Understanding the relationship between IFRS and the OECD BEPS Action Plan may reduce the risks of non-compliance. We will discuss several case studies showcasing the relationship between these two topics and how they will impact MNCs' statutory accounts.
With KSA, Oman, Bahrain and the UAE joining the OECD Inclusive Framework on BEPS, it is expected that the implementation of the four minimum requirements shall follow in the near future. Despite not being part of this framework, Kuwait has implemented similar regulations which share the objectives of the OECD BEPS. The speakers on the panel will share their experiences looking at MNCs dealing with such regulations in their respective jurisdictions.