Re:American big business faces the G20 in a fight for $2.1T ...
by rayiner on Sunday November 29, 2015 @09:50PM
(#10647335)
What exactly is the "loophole" here, and how could small companies take advantage of it?
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Re:American big business faces the G20 in a fight for $2.1T ...
by deoptimo on Sunday November 29, 2015 @10:43PM
(#10647563)
The loophole is setting up a multi-national structure to implement the base erosion and profit-shifting strategies discussed here:
https://www.oecd.org/tax/aggressive/beps-2015-final-reports....
Re:American big business faces the G20 in a fight for $2.1T ...
by rayiner on Monday November 30, 2015 @12:01AM
(#10647822)
How is that a "loophole." Multi-national structures seem like a necessary facet of the tax code. And the listed strategies don't seem to take advantage of obscure provisions, but basic mechanics of the tax system: deduction of costs from gross revenues, etc.
Re:American big business faces the G20 in a fight for $2.1T ...
by deoptimo on Monday November 30, 2015 @10:49AM
(#10649962)
Take a closer look at the sections on hybrid entities, treaty shopping, and transfer pricing. There are loopholes wide enough to let tanker ships pass.