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Phrases with «base erosion»

The phrase "base erosion" refers to a situation where a company reduces its taxable income by shifting its profits to countries that have lower taxes or by exploiting tax loopholes. This can harm the tax base of a country as it leads to reduced tax revenue and can impact public services and infrastructure. Full definition

Sentences with «base erosion»

  • • prevent the avoidance of tax on income from the insurance of Canadian risks by extending the foreign - affiliate base erosion rules to foreign branches of Canadian life insurers. (canadianlawyermag.com)
  • Tags: ACORE, American Council On Renewable Energy, american wind energy association, AWEA, Base Erosion Anti-Abuse Tax, BEAT, Citizens for Responsible Energy Solutions, Donor Relief Act, SEIA, Senate Republican tax bill, Senate Republicans, Senate Tax Cuts and Jobs Act, Solar Energy Industries Association's, tax bill (cleantechnica.com)
  • The discussion draft is part of the process in responding to the OECD «Action Plan on Base Erosion and Profit Shifting» (BEPS), a tax transparency initiative which is aimed to be implemented by the end of 2015. (iasplus.com)
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