On 5 October 2015, the OECD released their 13 final reports and an explanatory note on its Base Erosion & Profit Shifting (BEPS) project. Three days later G20 Finance Ministers endorsed this final BEPS package in Lima, Peru. We gladly refer to the website of the OECD (www.oecd.org/ctp/beps) for an overview of the aforementioned reports.

We are pleased to announce the launch of TIVALOR, a new professional service offering in the fields of Business & Legal Economics, focusing on Transfer Pricing, Valuations, Business Modeling and Legal Economics. TIVALOR is a joint venture between tax law firm Tiberghien and Andy Neuteleers, a seasoned transfer pricing and valuation professional. The creation of TIVALOR follows closely on the recent developments at G20/OECD and EC-level to alter the rules in international taxation drastically, leading to an ‘economization’ of the fiscal profession.