The Resource International tax planning under the destination-based cash flow tax

International tax planning under the destination-based cash flow tax

Label
International tax planning under the destination-based cash flow tax
Title
International tax planning under the destination-based cash flow tax
Creator
Subject
Language
eng
Summary
This article considers the implications of the destination-based cash flow tax (DBCFT) for three common ways of shifting taxable profits between countries: through manipulation of transfer prices, the use of debt, and locating intangible assets in low taxed jurisdictions. It shows that none of these planning devices would be available under a DBCFT, if adopted universally. This is because intra-group payments between two countries do not affect tax liabilities in either country. If adopted unilaterally, however, there would be an incentive to shift profit to the adopting country, at the expense of non-adopting countries
Citation source
In: National tax journal. - Washington. - Vol. 70 (2017), no. 4 ; p. 783-802
http://library.link/vocab/creatorName
  • Auerbach, A.J
  • Devereux, M.P
  • Keen, M
  • Vella, J
Geographic coverage
International
Language note
English
http://library.link/vocab/subjectName
  • cash flow tax
  • tax planning
  • intellectual property
  • transfer pricing
  • profit shifting
  • tax evasion
  • VAT
Label
International tax planning under the destination-based cash flow tax
Instantiates
Publication
Label
International tax planning under the destination-based cash flow tax
Publication

Library Locations

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      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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