A review of literature on base erosion and profit shifting

Abstract

The international tax system changes rapidly courtesy of coordinated actions by governments and of unilateral measures individually designed by countries. Both intend to tackle concerns over base erosion and profit shifting (BEPS) & perceived international tax avoidance techniques of high-profile multinationals. The BEPS Project and related developments are constantly leading to the need for business to take action, often urgent, both to comply with new requirements and to consider the ways in which they do business across borders. It may hence, take some while for the impact of these recommendations to be fully realized, however, the BEPS Project and related developments are constantly leading to the need for action both to comply with new requirements & to consider the ways in which they do business in different countries.