Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Keynote: The BEPS Project & the Tax Challenges of the Digital Economy - Raffaele Russo, Head of BEPS Project, The OECD

Keynote Presentation

The BEPS Project and the Tax Challenges of the Digital Economy

• The overview of the OECD/G20 BEPS project: progress to date and future developments

• Tax challenges of the digital economy: how has digitalisation transformed the global economy?

• Creating a sustainable regulatory ecosystem for the development of digital economy

Raffaele Russo, Head of BEPS Project, The OECD

  • Be the first to comment

Keynote: The BEPS Project & the Tax Challenges of the Digital Economy - Raffaele Russo, Head of BEPS Project, The OECD

  1. 1. The BEPS Project and the Tax Challenges of the Digital Economy Raffaele Russo Head of BEPS Project The OECD
  2. 2. Why (BEPS)?
  3. 3. © David Jones
  4. 4. What (is BEPS about)?
  5. 5. When (is BEPS due)?
  6. 6. Coherence Hybrid Mismatch Arrangements (2) Harmful Tax Practices (5) Interest Deductions (4) CFC Rules (3) Substance Preventing Tax Treaty Abuse (6) Avoidance of PE Status (7) TP Aspects of Intangibles (8) TP/Risk and Capital (9) TP/High Risk Transactions (10) Transparency Methodologies and Data Analysis (11) Disclosure Rules (12) TP Documentation (13) Dispute Resolution (14) Digital Economy (1) Multilateral Instrument (15)
  7. 7. ‘‘L’urgence est la colonne vertébrale de l’action.’’ Quai d’Orsay, Bertrand Tavernier, 2013 © lefigaro.fr
  8. 8. Where (is BEPS now)?
  9. 9. Engagement with developing countries
  10. 10. Digital Economy (63) Treaty Abuse (79) TP Intangibles (67) Hybrids (70) TP Documentation (183) Total comments received: 462 21 7 31 1 2 1 27 6 41 2 3 0 39 6 16 1 5 0 30 3 34 2 1 0 66 21 67 18 9 0 Law & Account Firms MNE Business and Lobby NGO and civil society Academia Non Member Source of comments: Digital Economy (63) Treaty Abuse (79) TP Intangibles (67) Hybrids (70) TP Documentation (183) Consultations and stakeholder input
  11. 11. 2014 deliverables
  12. 12. Let’s talk about the digital economy …
  13. 13. BEPS in the digital economy
  14. 14. 18 Parent Co Intermediate Co 2 Intermediate Co 1 Ultimate Residence Country Intermediate Country 2 Intermediate Country 2 Market Country Local Activity Avoid Taxable Presence or Maximise Deductions / TP Planning Low or no Withholding tax Preferential Regime Hybrids TP Planning Deductible Payments Ineffective/No CFC Rules Low or no Withholding tax Preferential Regime Maximise Deductions / TP Planning
  15. 15. Broader Tax Challenges
  16. 16. © strf.net © techtabz.com © godependable.com© Sophie Fleury
  17. 17. «… I SAY, DEAR, THIS SURE IS AN IMPRESSIVE LIBRARY.»
  18. 18. Options to address these challenges and their relationship with BEPS
  19. 19. www.oecd.org/tax/beps.htm #DETAX 24

×