Description
Book Synopsis: The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitalization have created fundamental problems, not foreseen at its inception. These include tax competition - as governments try to attract tax bases through low tax rates or incentives, and profit shifting, as companies avoid tax by reporting profits in jurisdictions with lower tax rates. The book then discusses solutions, including both evolutionary changes to the current system and fundamental reform options. It covers both reform efforts already under way, for example under the Inclusive Framework at the OECD, and potential radical reform ideas developed by academics.
Details
Are you tired of the current corporate income tax system? Do you want to see a fairer and more effective approach to corporate taxation? Look no further than "Corporate Taxes Under Pressure: Why Reform Is Needed and How It Could Be Designed". This groundbreaking book delves deep into the difficulties and flaws plaguing the international corporate income tax system.
From its origins to its current state, the book expertly explores how changes in the business landscape, particularly multinational enterprises and digitalization, have led to fundamental problems that were never anticipated at its inception. One of these problems is tax competition, where governments attempt to entice businesses with lower tax rates and incentives, leading to a race to the bottom. Another issue is profit shifting, where companies cleverly manipulate their profits to be reported in jurisdictions with a more favorable tax environment.
But fear not, this book is not just a critique of the system. It also presents a myriad of solutions to these pressing problems. Whether you're interested in evolutionary changes that can be made to the current system or radical reform options, this book has got you covered. It offers an in-depth analysis of the ongoing reform efforts, such as those taking place under the Inclusive Framework at the OECD. Additionally, it presents groundbreaking and innovative ideas developed by leading academics that push the boundaries of traditional thinking.
Don't miss out on the opportunity to gain a comprehensive understanding of the challenges surrounding corporate taxation and explore potential paths towards a fairer and more sustainable system. Get your copy of "Corporate Taxes Under Pressure: Why Reform Is Needed and How It Could Be Designed" today and be at the forefront of the conversation for change.
Order now and take the first step towards shaping the future of corporate taxation!
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