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Image header Agence Europe
Europe Daily Bulletin No. 12780
Contents Publication in full By article 19 / 22
NEWS BRIEFS / Taxation

Togo joins agreement on international corporate tax reform

31/08/2021 (Agence Europe)Togo joined the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) on Tuesday 31 August and became the 140th member, announced the OECD. The country has also made a commitment to address the tax challenges posed by the digitalisation of the economy by signing the Inclusive Framework joint declaration; this sets out a new framework for international corporate tax reform (see EUROPE 12753/1). Currently, 134 out of 140 jurisdictions have signed the declaration, with Barbados joining the agreement in mid-August (see EUROPE 12774/26). Ireland, Hungary, Estonia, Kenya, Nigeria and Sri Lanka remain to be convinced of it. The agreement is set to be finalised in October 2021. (MF)

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