Countering Harmful Tax Competition and Treaty Abuse Under BEPS: Nigerian Perspective

Abstract

G20/OECD BEPS Project Final report recommended certain minimum standards in Actions 5 ( Harmful tax practice) and 6 (Treaty Abuse). OECD recently released Multilateral Instruments (Action 15) signed by over 100 countries including Nigeria which focuses on the foregoing minimum standards. The MLI would modify the provisions of over 3,5000 extant DTAs to implement the BEPS measures.