Tax Research Wiki

Unitary taxation

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The OECD mandated system of taxation for multinational corporations assumes each company within a multinational corporation is an entirely separate and distinct legal entity that can determine its tax affairs entirely independently of all other companies in the same group. Unitary taxation instead assumes all the companies in a group are a single entity for tax purposes.

Word Count: 310

Transfer pricing

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Multinational companies have many ways in which they can abuse the tax systems of the countries that seek to tax their profits. Transfer mispricing – which is the abuse of transfer pricing arrangements – is one of them

Word Count: 249