dc.contributor.author | Durst, Michael C. | |
dc.date.accessioned | 2023-07-31T08:51:22Z | |
dc.date.available | 2023-07-31T08:51:22Z | |
dc.date.issued | 2023-04-17 | |
dc.identifier.citation | Durst, M. C. (2023) BEPS, Pillar 2, and the Replacement of Tax-Based Incentives With Nontax Incentives', Taxnotes International, Volume 110, Number 16 | en |
dc.identifier.uri | https://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/18063 | |
dc.description.abstract | The 15 percent minimum tax will reduce the
appeal of both the implicit investment incentives
made available by BEPS planning and the explicit
tax-based incentives that countries provide
through measures like tax holidays.4
Pressure of Tax Competition
The pillar 2 proposal can best be understood
as an attempt to limit the pressures of tax
competition on governments by reducing the
extent to which all countries can lower their ETRs,
even if they wish to do so.5
The reduction of tax
competition is intended to enable countries to
reach a more desirable policy balance, regarding
ETRs, than the balance that countries can achieve
when faced by the pressures of today’s level of tax
competition. | en |
dc.language.iso | en | en |
dc.publisher | Tax Analysts | en |
dc.relation.ispartofseries | Taxnotes International; Volume 110, Number 16 | |
dc.subject | Finance | en |
dc.title | BEPS, Pillar 2, and the Replacement of Tax-Based Incentives With Nontax Incentives | en |
dc.type | Other | en |
dc.rights.holder | © copyright 2023 Michael C. Durst. All rights reserved / © 2023 Tax Analysts. All rights reserved. | en |
rioxxterms.version | VoR | en |