Jurisdictions have made further progress in addressing harmful tax practices through the implementation of the international standard under BEPS Action 5, as evidenced by today’s release of the latest results of the reviews by the Forum on Harmful Tax Practices (FHTP) of preferential tax regimes.

At its May 2024 meeting, the FHTP reached the following new conclusions on six regimes as part of the implementation of the BEPS Action 5 minimum standard on harmful tax practices:

The total number of regimes reviewed by FHTP has now reached 326, with over 40% of those regimes being (or in the process of being) abolished. Learn more about BEPS Action 5 on harmful tax practices.

Media queries should be directed to Manal Corwin, Director of the OECD Centre for Tax Policy and Administration (+33 1 45 24 18 80), or Achim Pross, Deputy Director of the OECD Centre for Tax Policy and Administration (+33 1 45 24 98 92).