House And Senate Hold Hearings Today On The OECD Base Erosion And Profit Shifting (BEPS) Project

The Subcommittee on Tax Policy of the House Ways and Means Committee and the Senate Finance Committee host hearings today on The OECD Base Erosion and Profit Shifting (BEPS) Project:

House Witnesses (with links to their testimony):

• Barbara Angus (Ernst & Young)
• Gary Sprague (The Software Coalition)
• Catherine Schultz (National Foreign Trade Council)
• Robert B. Stack (Deputy Assistant Secretary for International Tax Affairs, U.S. Treasury Department) 
• Martin Sullivan (Tax Notes)

Senate Witnesses:

• Dorothy B. Coleman (National Association of Manufacturers, Washington, D.C.)
• Michael Danilack (PricewaterhouseCoopers, Washington, D.C.)
• Robert B. Stack (Deputy Assistant Secretary for International Tax Affairs, U.S. Treasury Department) 

In connection with the hearings, the Joint Committee on Taxation has released Background, Summary, and Implications of the OECD/G20 Base Erosion and Profit Shifting Project:

This document ... provides background on the OECD/G20 BEPS Project, an overview of its findings and recommendations, and a discussion of its potential implications for U.S. tax policy.