Meanings
BEPs1
noun
- pluralplural of BEP
BEPS2
nounBEPS (uncountable)
- abbreviationacronymuncountablebusinessAcronym of base erosion and profit shifting, a corporate tax planning strategy used by multinationals to "shift" profits from higher-tax jurisdictions to lower-tax jurisdictions or no-tax locations where there is little or no economic activity, thus "eroding" the tax base of the higher-tax jurisdictions using deductible payments such as interest or royalties.
Cite this entry
APA
BEPs. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/BEPs
MLA
“BEPs.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/BEPs. Accessed November 4, 2026.
Chicago
WatkinsX Dictionary, s.v. “BEPs,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/BEPs.
Source: BEPs on Wiktionary, CC BY-SA 4.0.