And now for something completely different! 2 hours on international tax starting w @SolPicciotto @Ezenagu @martinhearson & Mike Durst on allocation of MNE income #ICTD19pic.twitter.com/GmCD63tr6F
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Revolution or evolution?
@SolPicciotto say its a waste of capacity to train people up on transfer pricing on OECD method or adopt another short term method on expectation of wider change. Is it cost effective? Alternatives: royalties, telecoms tax, AMT and TP using simple formulaShow this thread
Mike Durst: would an AMT encourage companies to pay no more than the safe harbour? Yes but companies already seek to lower their taxes. The AMT takes away incentive for tax avoidance
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Q: What's the tax gap? Sol says size of revenue gains is not important, the prize is to reduce the complication of the transfer pricing systems. Would be good for investment certainty
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