How to cut corporate tax avoidance
“Companies should pay tax in the countries where they conduct business under new proposals intended to cut corporate tax minimisation. An OECD/G20 report found laws allowing companies to shift profits to low-tax jurisdictions means that between $100bn and $240bn is lost annually. The final report from the Base Erosion and Profit Shifting (BEPS) Project found that no single rule was to blame for making profits "disappear" for tax purposes.” (Source: BBC News)
For the full report, visit the OECD/G20 Base Erosion and Profit Shifting Project website.
McGill expert ready to comment on this issue:
Allison Christians, H. Heward Stikeman Chair in Tax Law and Associate Professor in the Faculty of Law at McGill University
Expertise: Her research and teaching focus on national and international tax law and policy issues, with emphasis on the relationship between taxation and economic development and on the role of government and non-government institutions and actors in the creation of tax policy norms. She regularly comments on developments in international tax law and policy on the Tax, Society & Culture blog, on the Lexis Tax Community blog, and on Twitter @taxpolblog.
Contact: 514-398-1223 (Office). allison.christians [at] mcgill.ca. She’s available to comment between 12:30-2:30 PM and after 5:30 PM today. She answers in English.