International profit shifting allows multinationals to save immense amounts of taxes. However, there are many stakeholders involved in international tax competition. For instance, developing countries suffer from tax shifting strategies, while multinationals benefit by shifting profits to tax havens. In determining the taxes, the permanent establishment plays a key role. The OECD’s Base Erosion and Profit Shifting (BEPS) Action 7 is an approach to prevent the avoidance of permanent establishment status. In this podcast, I will do a holistic analysis of this topic.