DMPQ- Briefly discuss the concept of Base erosion and profit shifting.
. It refers to the effect of tax avoidance strategies used by multinational corporations on countries’ tax basis. The term was used for the first time by OECD. In an increasingly interconnected world, national tax laws have not kept pace with global corporations, fluid capital, and the digital economy, leaving gaps that can be exploited … Read more DMPQ- Briefly discuss the concept of Base erosion and profit shifting.