The OECD has established an Inclusive Framework, in which over 100 countries and jurisdictions are collaborating to implement the Base erosion and profit shifting (BEPS). The BEPS refers to tax avoidance strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no-tax locations.
We are proud to confirm Liberia’s Membership of the Inclusive Framework, please see the list below. This proofs that Liberia continues to take its international obligations seriously and strive for excellence in accordance with OECD standards.