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ISSN: 2344 - 102X
ISSN-L: 2344 - 102X
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Article from Volume 8, Number 3, Year 2020| ASPECTS REGARDING BASE EROSION AND PROFIT SHIFTING IN ROMANIA | 
Download | | Author(s): Marius - Sorin Ciubotariu, Corina Petrescu | | DOI: 104316/EJAFB.2020.8320 | | Abstract: In a world characterized by globalism and initiatives of harmonization in almost every aspect of the social and economic life, showing interest, support and credibility towards the international common struggle against base erosion and profit shifting (BEPS) phenomenon has been seen like a duty by the Romanian government, which in June 2016 approved the country's adherence to the BEPS Implementation Forum. This huge step involved Romania in an international complex system of communication, exchange of information and strategical planning, which includes many other countries from all over the globe, every one of them having their irreplaceable role in this entire process, because an extra country that accessed this system, means more power and resources in the global fight against BEPS. What are the steps to be made and what are the legal and procedural implications of Romania adhering to the BEPS Implementation Forum is what this article is going to focus on, finding out the progress made until now and the domains with deficiency that need improvement, so that everything to be according to the international demands in the field. | | Keywords: BEPS, Tax Practices And Policies, OECD, BEPS Action Plan, Legal Framework | References:
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