CLECAT AND FIATA CALL ON OECD COUNTRIES TO INCLUDE LOGISTICS SERVICES IN THE SCOPE OF BEPS PILLAR 2
European and global forwarders’ associations call on OECD governments to prevent tax avoidance and ensure a level playing field for all stakeholders in the maritime supply chain.
CLECAT and FIATA, respectively, the European and global organisations for freight forwarding and logistics services providers, welcome the historic proposals agreed upon by 130 countries under the OECD/G20 Inclusive Framework on Base Erosion Profit Shifting (BEPS) two-pillar plan for a global minimum corporation tax rate. Noting the proposed exemptions for shipping, CLECAT and FIATA raise concerns that the broad definition of ‘shipping services’, which currently includes ancillary services, would open the door to tax avoidance and trade distortion, undermining the overarching intent of the OECD/G20 BEPS framework. CLECAT and FIATA call upon OECD member countries to include any, and all kinds of cargo handling, logistics and ancillary activities within the scope of the proposals in the interests of ensuring a level playing field for all stakeholders in the maritime logistics supply chain.
The full press release is available via this link.