towards unitary taxation to be established by a multilateral convention that the world has not yet seen in comparable format … corporate taxation at their root rather than merely fixing symptoms. To this end, a reform aimed specifically at the rules … governing the taxation of intangible assets is recommended …

-tax locations leads to profit relocation to ‘next-best’ low-tax countries, allowing firms to circumvent domestic taxation. We do not …

Until 2009, the United Kingdom operated a system of worldwide taxation. Taxation of foreign income was deferred until … repatriated as dividends, leaving UK-owned multinational firms the possibility of avoiding UK taxation by delaying dividend … from taxation. This fundamental change had a number of straightforward implications for UK-owned multinational firms and …

The OECD seeks to align transfer pricing and profit taxation with value creation but fails to provide a clear … claim that current rules of international profit taxation are aligned with value creation is rejected. If anything, the OECD …

More than 130 countries have accepted the OECD invitation to reform the taxation of multinational enterprises (MNEs …