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“Business does still have concerns that some of the recommendations may lead to double taxation of income, and many important details remain to be worked out. We look forward to working with the OECD and G20 on those”, BIAC Tax Committee Chair Will Morris emphasized on the occasion of the release of the OECD’s 2015 BEPS deliverables package. “Nevertheless, BIAC has always acknowledged that modifications were required to international tax rules in order to keep pace with rapid globalization, and we believe that the broad direction of many of the BEPS recommendations will help with this. But this next – implementation – phase will be crucial” – he added.