In this article, Rocco Femia comments on the OECD action plan to curb base erosion and profit shifting (BEPS), which was recently approved by G-20 countries.

Femia calls the plan ambitious, citing that the recommendations in the plan "are unprecedented on this scale." Femia added that "companies and trade groups would be well advised to engage constructively with national governments and the OECD." He said it’s critical that an objective, balanced approach be taken on international tax policies.