Taxation Of Controlled Foreign Companies In Context Of The Oecd G20 Project On Base Erosion And Profit Shifting As Well As The Eu Proposal For The Anti Tax Avoidance Directive An Interim Nordic Assessment

Download or read book Taxation of Controlled Foreign Companies in Context of the OECD/G20 Project on Base Erosion and Profit Shifting as Well as the EU Proposal for the Anti-Tax Avoidance Directive - An Interim Nordic Assessment written by Peter Koerver Schmidt and published by . This book was released on 2019 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, the controlled foreign company (CFC) rules have gained increased attention; as such, rules play an important role in the ongoing efforts of the OECD/G20 and the European Commission with respect to addressing base erosion and profit shifting (BEPS). In this context, the article revisits the CFC regimes of the Nordic countries in order to assess whether these regimes are in line with the recommendations from the OECD/G20 and to determine whether Sweden, Finland, and Denmark, as EU member states, will have to make amendments if the commission's proposal for an Anti-Tax Avoidance Directive is adopted in its current form. It is concluded that the Nordic CFC regimes in many ways already are in line with the recommendations as well as the directive, but also that certain amendments have to be made.