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Base erosion and profit shifting (BEPS) is a category of corporate tax avoidance strategies used by multinationals to "shift" profits from higher-tax jurisdictions to lower-tax jurisdictions or no-tax locations where there is little or no economic activity, thus "eroding" the "tax-base" of the higher-tax jurisdictions using deductible payments such as…
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tax beps tools corporate oecd multinationals havens profit ireland profits haven global income foreign ip shifting jurisdictions use tcja 2017
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| interest or royalties | instance of | of the higher-tax jurisdictions using deductible payments | 0.80 | text |
| patents | instance of | Intangible assets | 0.80 | text |
| designs | instance of | Intangible assets | 0.80 | text |
| trademarks | instance of | Intangible assets | 0.80 | text |
| these successfully result in profit shifting which in most instances may lead to base erosion of the tax base | instance of | D tax incentives in one country and benefit in another from low tax rates on the income from exploiting intangible assets.IP tax planning models | 0.80 | text |
| Ireland | instance of | wrote an article for The New York Times highlighting material issues with TCJA in terms of curtailing U.S. corporate use of major tax havens | 0.80 | text |
| the Netherlands | instance of | wrote an article for The New York Times highlighting material issues with TCJA in terms of curtailing U.S. corporate use of major tax havens | 0.80 | text |
| and Singapore.Setser followed up his New York Times piece on the CoFR website with | instance of | wrote an article for The New York Times highlighting material issues with TCJA in terms of curtailing U.S. corporate use of major tax havens | 0.80 | text |
| Base erosion and profit shifting | related to External links | Wiktionary-logo-en-v2 | 0.60 | section |
| Base erosion and profit shifting | related to External links | Data | 0.60 | section |
| Base erosion and profit shifting | related to External links | Base | 0.60 | section |
| Base erosion and profit shifting | related to External links | Wikidata OECD BEPS PortalErnst | 0.60 | section |
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