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.
Category: Multinational Companies
A Micro Tax or an Automated Transaction Payment Tax is a radical change going from a larger and more complicated tax system to a system with a single comprehensive revenue neutral Automated tax, replacing the present system of personal and corporate income taxing. In this podcast, we aim to look at what it is, similar taxes that have already been introduced, political movements and the pros/cons of introducing this tax.
Cum-Ex deals – the biggest tax scandal in the history of Germany – refer to very complex financial transactions that involved exploiting a legal loophole in order to enable several organizations to claim the same capital gains tax refund. It is estimated that this has resulted in a loss of several billion euros for the German state. Judiciary is now suppossed to determine whether these deals have been illegal. This podcast deals with the questions what challenges the state now faces and what the implications of this scandal for the political system in Germany are.
Pierre Beau 20-621-751 This podcast depicts why and how multinationals use the current international tax environment and competition between states to shift their profits from high tax to low tax countries. It especially focuses and explains the mechanisms of one instrument of profit shifting transfer pricing. Finally, it shows using how the international community successfully launched the BEPS Project in 2015 tackling transfer pricing issues with extracts of an interview of Pascal Saint-Amans, Director of […]
Podcast on the Abolishment of the Real Estate Acquisition Tax in the Czech Republic by Martin Husek
In this episode of Tax Talk, we will be talking about last week’s G7 agreement to implement a global minimum tax rate, what it means, and how it affects developing countries and smaller economies.