International tax reform the C-suite can't ignore

For decades, countries have used reduced corporate tax rates as incentives to attract multinational enterprises, or MNEs. But new G-20/OECD international taxation rules aimed at preventing legal maneuvers such as tax-base erosion and profit shifting to avoid paying corporate taxes will have major ra...

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Bibliographic Details
Main Authors: Rolfes, Danielle E., Prud'homme, Dan (Author), Kalloe, Vinod (Author)
Format: eBook
Language:English
Published: [Cambridge, Massachusetts] MIT Sloan Management Review 2023
Edition:[First edition]
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Description
Summary:For decades, countries have used reduced corporate tax rates as incentives to attract multinational enterprises, or MNEs. But new G-20/OECD international taxation rules aimed at preventing legal maneuvers such as tax-base erosion and profit shifting to avoid paying corporate taxes will have major ramifications for MNEs by 2024. The authors explain the potential impacts of the new rules and suggest four ways C-suites should respond so that their companies are prepared for the changes
Item Description:Reprint #64423
Physical Description:5 pages