Have a personal or library account? Click to login

Transfer Pricing in the Post-BEPS Era: the BEPS Package, as a Tool in Helping Tax Authorities Prevent Aggressive Tax Optimization in a Specific Sector. Case Study: the IT Industry in Romania

By:
Open Access
|Jul 2024

References

  1. OECD (2024a). Extract from BEPS Frequently Asked Questions – What is BEPS? Retrieved from: https://www.oecd.org/tax/beps/faq/.
  2. OECD (2024b). Extract from BEPS Mission and Impact – What are doing to solve it? Retrieved from: https://www.oecd.org/tax/beps/about/#mission-impact.
  3. OECD (2024c). OECD BEPS Actions. Retrieved from: https://www.oecd.org/tax/beps/bepsactions/.
  4. Hugger, F., A. González Cabral and P. O’Reilly (2023). Effective tax rates of MNEs: New evidence on global low-taxed profit. OECD Taxation Working Papers, No. 67, OECD Publishing, Paris, https://doi.org/10.1787/4a494083-en.
  5. Ignat, I. and Tache, M. (2023). Transfer Pricing System of EU Countries: An Analysis in the Context of SDGS. Transylvanian Review of Administrative Sciences, 70E, 45-66.
  6. Ernst & Young (2023a). Why a 15% financial statement tax rate may not avoid global minimum tax. Retrieved from https://www.ey.com/en_gl/tax/why-a-15-percent-financial-statement-tax-rate-may-not-avoid-global-minimum-tax#:~:text=BEPS%202.0%20introduces%20a%2015,incurring%20a%20top%2Dup%20tax.
  7. Ernst & Young (2023b). Why tax governance is key in an era of more tax risk and controversy. Retrieved from https://www.ey.com/en_gl/tax/why-tax-governance-is-key-in-an-era-of-more-tax-risk-and-controversy.
  8. OECD (2023). OECD/G20 Inclusive Framework on BEPS Progress report September 2022 – September 2023. Retrieved from https://www.oecd.org/tax/beps/oecd-g20-inclusive-framework-on-beps-progress-report-september-2022-september-2023.pdf.
  9. Economedia (2023). Analysis. The It market, “engine” of the Romanian economy, but still after other countries in the region. How do we stack up in terms of the specialists mass, number of companies, innovation and salaries? Retrieved from: https://economedia.ro/analiza-piata-it-motor-in-economia-romaneasca-dar-inca-in-urma-altor-state-din-regiune-cum-stam-in-ceea-ce-priveste-baza-de-specialisti-numar-de-companii-inovatie-si-salarii.html.
  10. OECD (2022a). OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations 2022. OECD Publishing, https://doi.org/10.1787/0e655865-en.
  11. OECD (2022b). OECD/G20 Inclusive Framework on BEPS Progress report September 2021 – September 2022. Retrieved from https://www.oecd.org/tax/beps/oecd-g20-inclusive-framework-on-beps-progress-report-september-2021-september-2022.pdf.
  12. Álvarez-Martínez, M.T., Barrios, S., d'Andria, D., Gesualdo, M., Nicodeme, G. and Pycroft, J. (2022). How large is the corporate tax base erosion and profit shifting? A general equilibrium approach. Economic Systems Research, 34, 167-198.
  13. OECD (2021). Tax Challenges Arising from Digitalization of the Economy – Global Anti-Base Erosion Model Rules (Pillar Two): Inclusive Framework on BEPS. OECD / G20 Base Erosion and Profit Shifting Project, OECD Publishing, Paris, https://doi.org/10.1787/782bac33-en.
  14. Rathke, A.A.T., Rezende, A.J. and Watrin, C. (2021). The impact of countries' transfer pricing rules on profit shifting. Journal of applied accounting research, 22(1), 22 – 49.
  15. Fatica, S. and Gregori, W.D. (2020). How much profit shifting do European banks do? Economic Modelling, 90, 536-551.
  16. Beer, S., de Mooij, R. and Liu, L. (2018). International corporate tax avoidance: a review of the channels, magnitudes, and blind spots. Journal of Economic Surveys, 34(3), 660-688.
  17. Ignat, I. and Feleaga, L. (2017). A European map regarding the strictness of the transfer pricing regulations. Journal of Accounting and Management Information Systems, 16(4), 534-559.
  18. Neacsu, I. and Feleaga, L. (2017). Evolutions and tendencies regarding the Romanian transfer pricing legislation: is there a need for change? Audit Financiar, XV 1(145)/2017, 65-82.
  19. Marques, M. and Pinho, C. (2016). Is transfer pricing strictness deterring profit shifting within multinationals? Empirical evidence from Europe. Accounting and Business Research, 46(7), 703-730.
  20. Obama II, B.H. (2014). Extracts from the speech by President Barack Obama on the outcome of the European Council meeting on the Multiannual Financial Framework of 7-8 February
Language: English
Page range: 142 - 153
Published on: Jul 3, 2024
Published by: Bucharest University of Economic Studies
In partnership with: Paradigm Publishing Services
Publication frequency: 1 times per year

© 2024 Mihai Lupu, published by Bucharest University of Economic Studies
This work is licensed under the Creative Commons Attribution 4.0 License.