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Fiscal Space in African Economies and Base Erosion and Profit Shifting (BEPS)

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  • Otaviano Canuto
  • Fahd Azaroual

Abstract

Base erosion and profit shifting (BEPS) involving multinational companies is a complex, multi-dimensional problem resulting from loopholes and inconsistencies between countries’ tax systems. Addressing it requires coordinated action at the international level. Several organizations have taken initiatives in this direction, including the Organization for Economic Co-operation and Development (OECD), which, with the support of the G20, launched an ambitious project to combat BEPS in 2013. The OECD has proposed 15 measures to strengthen international tax rules in various areas, including transfer pricing, combating harmful tax practices, preventing treaty abuse, and promoting transparency and tax information exchange.

Suggested Citation

  • Otaviano Canuto & Fahd Azaroual, 2023. "Fiscal Space in African Economies and Base Erosion and Profit Shifting (BEPS)," Policy notes & Policy briefs 2020, Policy Center for the New South.
    • Handle: RePEc:ocp:ppaper:pb32-23
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    File URL: https://www.policycenter.ma/sites/default/files/2023-08/PB_32-23_Otaviano%20Canuto%20et%20Fahd%20Azaroual.pdf
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    References listed on IDEAS

    as
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    3. Perotti, Roberto, 2007. "Fiscal policy in developing countries : a framework and some questions," Policy Research Working Paper Series 4365, The World Bank.
    4. Kose, M. Ayhan & Kurlat, Sergio & Ohnsorge, Franziska & Sugawara, Naotaka, 2022. "A cross-country database of fiscal space," Journal of International Money and Finance, Elsevier, vol. 128(C).
    5. Jarmila Botev & Jean-Marc Fournier & Annabelle Mourougane, 2016. "A Re-assessment of Fiscal Space in OECD Countries," OECD Economics Department Working Papers 1352, OECD Publishing.
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