SC Cancels Chhota Rajan's Bail in 2001 Jaya Shetty Murder Case || NCLAT: Workmen Can Claim Dues Post-Layoff If They Worked After Corporate Debtor's Notice Issuance || NCLAT: Debt Can be Proved Through Any Documentary Evidence, No Written Contract Needed. || Madras HC: Railway Authorities Can't Deboard Valid-Ticket Passengers Heading to Protest || Delhi HC: Women’s Entry into Army Corps Can’t be Restricted; Vacant Male Posts Must be Open to Women || Delhi HC: Pressuring Husband to Cut Ties With His Family Amounts to Cruelty; Ground For Divorce || Bombay HC: Magistrate Need Not Pass Preliminary Order U/S 145 CrOC If HC or SC Directs Inquiry || Delhi HC Allows Woman to Terminate 22-Week Pregnancy from False Promise of Marriage || Supreme Court: Reasons Omitted In an Order May be Considered In Specific Circumstances || SC: Execution of Arbitral Award Cannot be Stalled Just Because Section 37 Appeal is Pending

OECD global reforms to curb tax avoidance by MNCs - (06 Oct 2015)

The OECD’s tax reforms, ‘Base Erosion and Profit Shifting’, to help close loopholes that allow companies avoid tax by moving profits to low-tax jurisdictions invited much opprobrium. Among the new rules proposed, is one requiring companies provide a complete break-up of information about every tax regime in which they operate, account for profits in each country and detail how much tax it has paid. OECD estimates place the amount of tax avoided by multi-national companies from such inter-jurisdictional transfer of profits, enabled by ‘treaty shopping’ between US$100 billion and US$240 billion.

Relevant : Read more about BEPS at oecd.org/ctp/beps-about.htm/

Tags : OECD TAX MULTI NATIONAL TREATY SHOPPING

Share :