Profit Shifting of Multinational Corporations Worldwide
Published by: Institute of Development Studies
Multinational corporations (MNCs) avoid taxes by shifting their profits from countries where real activity takes place towards tax...
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Published by: Institute of Development Studies
Multinational corporations (MNCs) avoid taxes by shifting their profits from countries where real activity takes place towards tax...
Published by: ICTD and IDS
A major international effort – the OECD Base Erosion and Profit Shifting (BEPS) initiative – aims to reduce the extent of misalignment between the profits of multinational groups, and the location of their real economic activity. Recent research using balance sheet data has shown major misalignments, with a number of small jurisdictions capturing a tax base disproportionate to their economic activity, but has also revealed the limitations of available balance sheet data for lower-income countries.