TAX
INCENTIVES IN THE BEPS ERA
MADALINA
COTRUT and KENNEDY MUNYANDI
From IBFD.org:
This book
analyses selected tax incentives that are commonly promoted by both developed
and developing states, particularly those tax incentives that are of relevance
to corporate income taxation.
Why this
book?
Recent
tax developments aimed at mitigating the possibilities of base erosion and
profit shifting are expected to increase the importance and popularity of tax
incentives. This is due to the fact that states will want to remain competitive
on the international stage and multinational enterprises will look for other
opportunities to minimize their tax liabilities.
This book
seeks to answer the following essential questions, from both a practical and an
academic perspective:
•Will tax
incentives be the 21st century tool for tax planning structures?
•Will
states need to introduce more tax incentives in the future in order to be more
competitive?
•What are
the effects of the anti-abuse measures adopted by the EU Member States and
recommended by the OECD on tax incentives?
•What are
the challenges of securing the use of tax incentives?
•What new
tax policy challenges will tax incentives bring about?
This book
answers these questions by analyzing selected tax incentives that are commonly
promoted by both developed and developing states, particularly those tax
incentives that are of relevance to corporate income taxation. This analysis is
performed with the objective of presenting the expected new role of tax
incentives in the changing international tax arena, assessing whether – and, if
so, which – tax incentives can be used or will be prone to abuse for tax
planning purposes and examining the impact of the measures developed and/or
adopted by the OECD and the European Union on tax incentives.
Tax
Incentives in the BEPS Era is essential reading for anyone working with
tax incentives, tax planning tools and anti-abuse measures in their activities,
including tax advisers, tax lawyers, tax administrators and tax policy makers.
