<abstract xmlns="http://www.w3.org/1999/xhtml"><p> Although globalization has contributed immensely to growth and prosperity around the world, it is a growing challenge for tax policy makers. Globalization and greater mobility of tax bases increase the relative importance of taxes in corporations’ investment decisions. The combination of highly mobile capital, inadequacies in existing tax laws and a total change of international business environment have led to the fundamental problem in international tax law labeled by the OECD as the problem of BEPS (Base Erosion and Profit Shifting), along with severe competition among countries to attract investments and business activities. These challenges are the topic for the 2014 seminar of the Nordic Tax Research Council. Based on the Nordic national reports we discuss these challenges</p></abstract>

Although globalization has contributed immensely to growth and prosperity around the world, it is a growing challenge for tax policy makers. Globalization and greater mobility of tax bases increase the relative importance of taxes in corporations’ investment decisions. The combination of highly mobile capital, inadequacies in existing tax laws and a total change of international business environment have led to the fundamental problem in international tax law labeled by the OECD as the problem of BEPS (Base Erosion and Profit Shifting), along with severe competition among countries to attract investments and business activities. These challenges are the topic for the 2014 seminar of the Nordic Tax Research Council. Based on the Nordic national reports we discuss these challenges

Corporate income tax and the international challenge

Nordic Tax Journal

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Corporate income tax and the international challenge"}

Although globalization has contributed immensely to growth and prosperity around the world, it is a growing challenge for tax policy makers. Globalization and...

Corporate income tax and the international challenge

Published Online: May 15, 2015

Page range: 55 - 87

DOI: https://doi.org/10.1515/ntaxj-2014-0019

Keywords
Corporate Tax, Globalization, Tax competition, BEPS, GAAR, SAAR

© 2015

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Corporate income tax and the international challenge

Published Online: May 15, 2015

Page range: 55 - 87

DOI: https://doi.org/10.1515/ntaxj-2014-0019

KeywordsCorporate Tax, Globalization, Tax competition, BEPS, GAAR, SAAR

© 2015

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Corporate Tax, Globalization, Tax competition, BEPS, GAAR, SAAR