Oak

In a nutshell

An OECD BEPS compliance readiness assessment tool

Why it is needed

OECD BEPS chief goal is to stop tax avoidance by MNEs, particulary tax avoidance using intangible assets like IP.

Oak more details

It is an online assessment tool

Who is it for

Larger multinational companies

It will require an executive sponsor. The output of Oak should be fed into a meeting between the in-house IP manager, the in-house Tax Director and the Company's Tax advisory firm.

Note that Oak is NOT a tax tool

Further information

A short paper on Oak is available on LinkedIn