At their meeting on October 8^th, 2015, in Lima, Peru the G-20 finance ministers endorsed the final package of the BEPS measures for a comprehensive, coherent and co-ordinated reform of international tax rules in order to tackle base erosion and profit shifting. The final report launched by the OECD under Action 7 addresses the prevention of the artificial avoidance of the permanent establishment (PE) status. BEPS Action 7 proposes both changes to the wording of the PE definition in Art 5 of the OECD Model Tax Convention (OECD MTC) itself and to the corresponding Commentary, by lowering the PE threshold. One of the proposals aims at tightening the specific activity exemptions for PE status for facilities used for storage, display or delivery of goods, for purchasing goods or merchandise or collecting information. The OECD’s proposals also include an anti-fragmentation test to prevent the artificial split of activities across separate legal entities in order to qualify for the exemption provided for in Art 5 para 4 of the OECD MTC.