LEADER 03361nam 2200469 450 001 9910797082603321 005 20230809230247.0 010 $a90-8722-416-8 035 $a(CKB)3840000000350052 035 $a(MiAaPQ)EBC6176453 035 $a(EXLCZ)993840000000350052 100 $a20200804d2017 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aSharing the pie $etaxing multinationals in a global market /$fMaarten Floris de Wilde 210 1$aAmsterdam, The Netherlands :$cIBFD,$d2017. 215 $a1 online resource (730 pages) $cillustrations 311 $a90-8722-415-X 320 $aIncludes bibliographical references (pages [731]-769). 330 8 $aComplaints in society about how multinationals pay corporate tax are familiar. Multinationals seem able to arrange their affairs in a way that allows them to avoid contributing their fair share. Governments help them to attract investment. Workers and customers, meanwhile, face ever-increasing tax bills. What is the problem in corporate taxation? It is broader than any one country or company. Today's tax regime passed its sell-by date long ago. Back in the 1920s, the early days of international taxation, when international business primarily revolved around bulk trade and bricks-and-mortar industries, levying a percentage of a company's profit in the way we still do today made sense. Businesses tended to be close to their customers and had a strong local physical presence. Today's markets, however, operate in a different reality. Companies now structure business on a regional or even global basis, while the Internet means physical presences are no longer necessary to service national markets. Globalization and internationalization have made the gap between tax and market reality even wider. Taxation now influences business processes. Countries distort business decisions by not treating cross-border activities on a par with domestic equivalents. The lack of an internationally coordinated approach gives rise to double (non-)taxation issues. Governments seem to be on the case, but what they're proposing doesn't suffice. Adhering to old status quos, the G20/OECD's BEPS initiative and recent EU measures like the ATAD focus on the symptoms of an ill-designed model rather than dealing with underlying root causes. Imagine designing a fair system from scratch, a corporate tax 2.0. 'Sharing the Pie' assesses issues in contemporary corporate taxation.--$cSource other than Library of Congress. 606 $aDouble taxation 606 $aCorporations$xTaxation 606 $aInternational business enterprises$xTaxation 606 $aTaxation$xLaw and legislation 606 $aInternational business enterprises$xTaxation$xLaw and legislation 615 0$aDouble taxation. 615 0$aCorporations$xTaxation. 615 0$aInternational business enterprises$xTaxation. 615 0$aTaxation$xLaw and legislation. 615 0$aInternational business enterprises$xTaxation$xLaw and legislation. 676 $a333.88 700 $aWilde$b Maarten Floris de$01465821 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910797082603321 996 $aSharing the pie$93676042 997 $aUNINA