CYIL vol. 15 (2024)

CYIL 15 ȍ2024Ȏ THE INFLUENCE OF THE OECD ON EU LEGISLATION of the MLI in EU law is combined with international obligations arising from international treaties and the legal regulations of member states. Conclusion In conclusion, it must be noted that the cooperation between the European Union and the Organisation for Economic Co-operation and Development (OECD) demonstrates the importance of international collaboration in addressing complex economic challenges. The impact of the Base Erosion and Profit Shifting (BEPS) initiative on EU law has been and continues to be significant. BEPS, aimed at combating tax avoidance by multinational corporations, has prompted EU institutions to implement various measures into their secondary legislation, thereby strengthening member states’ tax rules and increasing transparency in line with OECD standards. As we have illustrated in this article, the implementation has been carried out through legally binding acts of EU law directives. BEPS has influenced the development of EU tax policy, leading to greater coordination and harmonization of tax rules among member states. The adoption of anti-tax avoidance directives, amendments to tax treaties, and the introduction of measures such as the Multilateral Instrument (MLI) demonstrate the strong influence of OECD activities on the EU. In the future, we anticipate the continuation of collaboration between the EU and OECD and the necessity to further address emerging tax issues, particularly in relation to the digital economy. Through joint efforts, both organizations can contribute to building a more resilient and inclusive global economy, while ensuring that multinational corporations contribute their fair share to public finances.

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