DMPQ: What is Base erosion and profit sharing? Discuss the provisions of the Base erosion and profit sharing project? (Economy)
Base erosion and profit sharing is a tax avoidance strategy by multinational companies, where in profits are shifted from shifted from jurisdiction that have high taxes to jurisdiction that have low tax. Base erosion and profit shifting project is a joint initiative between G20 countries and the OECD , towards the development of a coherent … Read more