Developing countries, tax incentives, and P2
Peru’s proposed economic zones neatly illustrate a broader problem for tax incentives under Pillar Two. As the rules change the economics of thoseincentives, developing countries will likely find themselves with even fewer tools to compete with richer countries for investment.
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UN tax talks and the future international tax order
Following the UN’s fifth substantive negotiating session, country fault lines over optionality, the taxation of cross-border services, and therole of existing treaty procedures are becoming clearer. Underlying it all is a fundamental question: what future international tax order do countries actually want?
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