Bloomberg Tax Transfer Pricing Forum - Luxembourg - Summer 2018
As a means of increasing innovation and investment, a growing number of countries around the world have introduced preferential tax treatment for research and development and intellectual activities. These regimes provide developed countries with an economic advantage in a highly competitive international tax landscape. In 2015, the OECD released BEPS Action 5 on Harmful Tax Practices, which implemented the ‘‘modified nexus’’ approach for preferential regimes. This report has increased pressure for countries to abolish harmful regimes and amend their domestic law so that it complies with the OECD requirements.
It is the OECD’s intention to level the playing field and align taxation with value creation. This summer issue released by Bloomberg Tax BNA deals with the current state of Patent Boxes around the world and the implications it has on transfer pricing strategies.
Discover their full analysis here.
Transfer Pricing Forum, volume 9, Issue 2, July 2018, p.53, ed. Bloomberg Tax BNA