Estimation of international tax planning impact on corporate tax gap in the Czech Republic
| Autor: | Jan Rohan, Jana Hinke, Lukáš Moravec |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
avoidance
daňová ztráta Strategy and Management 02 engineering and technology Base erosion and profit shifting Profit (economics) Tax rate profit shifting 0502 economics and business 0202 electrical engineering electronic engineering information engineering Revenue 050207 economics Business and International Management základní eroze Corporate tax base erosion Jurisdiction 05 social sciences daň tax International economics tax loss Multinational corporation přesouvání zisku 020201 artificial intelligence & image processing Parent company Business General Economics Econometrics and Finance vyhýbání |
| Popis: | The issue of base erosion and profit shifting (BEPS) caused by multinational companies is a potential important impediment to tax collections. Because tax planning schemes utilized gaps and mismatches in tax rules to artificially shift profits to low or no-tax jurisdiction where there is insufficient of no economic activity (Hines, 2014; OECD, 2017). The Organization for Economic Co-operation and Development (OECD) has estimated the general annual revenue loss of USD 100 to 240 billion due to the BEPS OECD (2017). Dharmapala and Riedel (2013) focused on tax motivated income shifting between parent companies and their affiliates. The parent companies have almost 60% affiliates established in low-tax jurisdictions. It resulted in profit shifting from the high-tax parent companies’ jurisdictions to the low-tax affiliates’ jurisdictions where the profit is taxed with the lower tax rate. |
| Databáze: | OpenAIRE |
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