On October 5, 2015, the OECD released its final package of proposed international tax reforms (see http://www.oecd.org/tax/beps-2015-final-reports.htm).  The OECD has described the 15 final reports as involving “the most fundamental changes to international tax rules in almost a century.”  Just one catch: any particular country must agree to actually implement them before they – or a version of them – become law in that country.  Accordingly, the implementation period for these proposals could well span a long (and perhaps indefinite, in the case of the United States) period of time.  In Canada, particularly with a newly-elected Liberal majority government, the tax community will be closely watching the next federal budget for clues as to where Canada may be heading with respect to these far-reaching proposals.