Does BEPS report vindicate developing countries' stand?
That indeed is the dominant feeling among most tax professionals. BRICS has been pushing hard on many of the isses that find mention in the BEPS action plan ( TP, PE issues, digital economy taxation etc. ). Ofcourse a lot will depend on how the final blue print shapes up on these big ticket ticket controversies and whether the G20 actually unanimously accepts the outcome and implements the same. But do watch this special video interview of tax experts T.P. Ostwal & Dinesh Kanabar and especially around the 17 minute mark where Mr. Ostwal asserts that the BEPS report is actually saying now what the developing countries have been saying for a long time! Here is the link to the video.. http://www.youtube.com/watch?v=yITYEkXh9A8#at=1035