Developing fundamental changes to international tax system

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Assignment:

Technology has upended the way consumers purchase and receive goods and services. The digital age has resulted in increased opportunities for multinational companies (MNCs) to shift profits from high-tax to low-tax jurisdictions. The organization for Economic Co-operation and Development (OECD), a collection of 137 countries, is responding by drafting a set of rules that will reduce the opportunity for base erosion and ensure that MNCs pay a minimum amount of tax.

Notice the discussion about the two pillars (avoidance and evasion) that will help in developing fundamental changes to the international tax system. Use the OCED website to research these two pillars.

Reference no: EM133335602

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