Silvia Velarde Aramayo – Faculty of Economics and Business, University of Salamanca, Salamanca, Spain

DOI: https://doi.org/10.31410/EMAN.2021.113


5th International Scientific Conference – EMAN 2021 – Economics and Management: How to Cope With Disrupted Times, Online/Virtual, March 18, 2021, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-43-1, ISSN 2683-4510

Abstract:

The OECD is leading global efforts to reach an international consensus around the BEPS
Project with the G20 support. Action 1 works on the tax challenges of the digital economy and its proposals
have been made with the «inclusive framework» participation that brings together more than
137 countries. The article focuses on the legitimacy, operation, and consequences of all this work for
developing countries that, according to estimates of the UNCTAD, lost annually U$100 billion due to
tax avoidance schemes by MNEs. The OECD/G20 inclusive framework is designing a new global tax
structure and its proposals attempt to introduce new rules on taxing rights allocation and distribution.
At the same time, some countries have adopted unilateral measures in order to tax some digital
businesses. Finally, the European Union Countries continue to delay the adoption of the CCCTB and
DST Directive proposals, and the United States has introduced the GILTI legislation that seeks to tax
the global intangible income. Everything seems to indicate that in the next years the international tax
architecture will be changed in deep.

Keywords:

Taxation, Digitalization, G20, OCDE, Multinationals companies (MNE’s).

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