This document outlines an action plan to address base erosion and profit shifting (BEPS). It identifies 15 specific actions to strengthen international tax rules and ensure multinational enterprises pay taxes in the countries where economic activities occur and value is created. The plan calls for fundamental changes to align rights to tax with economic activity and adopt new anti-abuse rules. It establishes deadlines to implement actions by 2015 and calls for continued international cooperation to tackle issues not addressed by current standards.