Quick overview about the Multilateral Instruments also known as MLI also known as Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting
Category: BEPS
Quick summary on BEPS
Important Overview of Base Erosion and Profit Shifting
Preferential Regimes as per the OECD
Forum for Harmful Tax Practices has reviewed multiple regimes to identify which system is harmful to the tax base of other jurisdictions. The focus of the review was to determine the regime which provided preference for the geographically mobile business income. Key Criteria for Identifying Harmful preferential tax regime Criteria for assessing whether the preferential … Continue reading Preferential Regimes as per the OECD
Tax Planning in digital economy
How does business avoid taxation from a high tax country? How is income moved from one jurisdiction to another without paying taxes? And what role does the digital economy play in shifting income? Here is an example of the Multinational Enterprise, which has structured its operations globally through subsidiaries and associates. Four countries used in … Continue reading Tax Planning in digital economy
Revenue models in Digital economy
The revenue streams in the digital economy are not limited to income from the sales of goods and services. They are unique, and tax laws have to adjust themselves to taxing this income. Some of the revenue models are discussed below: Ad based revenue There are three ways in which the revenue are earned in … Continue reading Revenue models in Digital economy
Business Models in Digital Economy
Business model in Digital Economy In this post, we will discuss the business models used in the world of information and communication technology (ICT). Although many of these models have parallels in traditional business, modern advances have reshaped few models and created few new ones.The list provided below is by no means exhaustive. Ecommerce Electronic … Continue reading Business Models in Digital Economy
Future of Digital Economy
The digital economy is the growing world economy, which is growing at a drastic rate. Professor Walter Brenner of the University of St. Gallen in Switzerland states: "The aggressive use of data is transforming business models, facilitating new products and services, creating new processes, generating greater utility, and ushering in a new culture of management." … Continue reading Future of Digital Economy
Base Erosion and Profit Shifting : Summary
Base Erosion and Profit Shifting (BEPS) is a problem faced by Governments due to the change in the landscape of economic transactions and the impact of the global village on the management of a business. In 2013, OECD and G20 countries worked together to create a 15 Point Action plan to address BEPS. BEPS Action … Continue reading Base Erosion and Profit Shifting : Summary