Tax · Framework
BEPS — Base Erosion and Profit Shifting
OECD framework adopted by 140+ jurisdictions to prevent multinational tax avoidance through artificial profit-shifting.
In practice
BEPS 2.0 has two pillars: Pillar One on profit allocation in the digital economy (still being implemented), and Pillar Two on a 15% global minimum effective tax rate (UAE DMTT is its local implementation, effective from 1 January 2025).