The Inclusive Framework on BEPS (Inclusive Framework) is primarily concerned with reviewing the implementation of the minimum standards agreed in the BEPS project. The aim of the review is to achieve a global level playing field in terms of tax competitiveness. The assessment criteria and methodology were prepared by the Inclusive Framework expert working groups and adopted by the Inclusive Framework at plenary level. For more information on the review procedure see BEPS Minimum standards.
The Inclusive Framework, which now includes over 120 states and territories, is, like the OECD Committee on Fiscal Affairs, the supreme technical and political authority for handling the BEPS project recommendations and the continuation of relevant work. In addition to reviewing the implementation of the minimum standards, the Inclusive Framework also deals with BEPS-related measures. Although these are not minimum standards, their implementation is of significant importance for tax policy. The Inclusive Framework delivers reports and recommendations on specific tax policy issues to the G20 and the G7. Hence the G20 finance ministers requested that the OECD, and in turn the Inclusive Framework, deliver an interim report on digitalisation in spring 2018.
The Inclusive Framework, in collaboration with the IMF, the UN and the World Bank Group, was tasked with preparing toolkits to support developing countries implement certain complex BEPS measures. In June 2017, a toolkit was published on transfer pricing.
In June 2017, the Inclusive Framework published its first Activity Report. This gives an overview of the work carried out since June 2016 on monitoring the minimum standards, on the other work in progress on the BEPS project (transfer pricing, digital economy, etc.) and cooperation with developing countries.