| Description |
1 online resource |
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text file |
| Summary |
Providing a comprehensive technical analysis of the EU Anti-Tax Avoidance Directive, this book also offers insight on selected issues connected with the OECD BEPS Project. |
| Contents |
Intro -- Title Page -- Copyright Page -- Table of Contents -- Chapter 1: An Introduction to the Anti-Tax Avoidance Directive and the Implementation of the BEPS Project in the European Union -- 1.1. Scope, research question and methodology -- 1.2. Part One: The Anti-Tax Avoidance Package and its impact on European tax law and policy in the era of global tax law -- 1.3. Part Two: The ATAD -- 1.3.1. General remarks -- 1.3.2. ATAD measures fully implementing BEPS Actions in the European Union -- 1.3.3. Implementation of the BEPS Project through the ATAD and other EU Anti-Tax Avoidance Package measures -- 1.3.4. Other content of the ATAD -- Part One: The Anti-BEPS Package, its Impact on European Tax Law and Policy in the Era of Global Tax Law -- Chapter 2: The BEPS Project: Still a Military Approach -- 2.1. Introduction -- 2.2. The rise of the Strategic Plan: The BEPS Action Plan -- 2.3. Defining battlefronts: The Actions for addressing BEPS -- 2.3.1. Action 1: Addressing the Tax Challenges of the Digital Economy -- 2.3.2. Action 2: Neutralising the Effects of Hybrid Mismatch Arrangements -- 2.3.3. Action 3: Designing Effective Controlled Foreign Company Rules -- 2.3.4. Action 4: Limiting Base Erosion Involving Interest Deductions and Other Financial Payments -- 2.3.5. Action 5: Countering Harmful Tax Practices More Effectively, Taking into Account Transparency and Substance -- 2.3.6. Action 6: Preventing the Granting of Treaty Benefits in Inappropriate Circumstances -- 2.3.7. Action 7: Preventing the Artificial Avoidance of Permanent Establishment Status -- 2.3.8. Actions 8-10: Aligning Transfer Pricing Outcomes with Value Creation -- 2.3.9. Action 11: Establish Methodologies to Collect and Analyse Data on BEPS and the Actions to Address It -- 2.3.10. Action 12: Require Taxpayers to Disclose Their Aggressive Tax Planning Arrangements. |
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2.3.11. Action 13: Re-examine Transfer Pricing Documentation -- 2.3.12. Action 14: Make Dispute Resolution Mechanisms More Effective -- 2.3.13. Action 15: Develop a Multilateral Instrument -- 2.4. Conclusion: From antagonism to cooperation -- Chapter 3: EU-US Relations in the Field of Direct Taxes from the EU Perspective: A BEPS-Induced Transformation? -- 3.1. Introduction -- 3.2. The traditional framework of EU tax competence -- 3.3. EU anti-BEPS rules concerning the United States: Exhausting the European Union's tax competence? -- 3.3.1. EU anti-BEPS rules with particular importance for third countries -- 3.3.2. Fundamental freedoms, EU competence, and anti-BEPS rules -- 3.4. EU State aid investigations and the US response: A transformation of the European Union's tax competence? -- 3.4.1. State aid investigation as a tool to push for harmonization -- 3.4.2. The US reaction to expanded State aid enforcement in direct taxation -- 3.5. A fundamental transformation of EU-US relations from the multilateral to the bilateral level? -- 3.5.1. Does the European Union's external competence encompass double taxation agreements? -- 3.5.2. What is the impact of the European Union's external competence on existing bilateral double tax agreements (DTAs)? -- 3.6. Summary and conclusion -- Chapter 4: The EU-US Relationship in the Field of Income Taxation as Viewed from a US Perspective -- 4.1. Introduction -- 4.2. Backstory: Check-the-box as a Rashomon problem -- 4.3. The OECD BEPS Project and the EC State aid cases -- 4.4. What might be next? -- 4.5. Final words -- Chapter 5: BEPS, 3D Printing and the Evolution of the Manufacturing Industry -- 5.1. Introduction -- 5.2. What is the digital economy? -- 5.2.1. The digital economy and BEPS -- 5.2.2. Looking forward: 3D printing -- 5.2.3. What is 3D printing? -- 5.2.4. How does 3D printing work?. |
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5.2.5. Changes to classic manufacturing models and possible benefits -- 5.2.6. Taxation issues -- 5.2.7. Who owns a product's IP? -- 5.2.7.1. PE exposure -- 5.3. Indirect taxes -- 5.4. Conclusion -- Chapter 6: Patent Boxes before and after BEPS Action 5 -- 6.1. Patent boxes before BEPS -- 6.1.1. France, Ireland and the other pioneers -- 6.1.2. 2006-2008: The Commission's scrutiny of the Irish and Spanish regimes -- 6.1.3. A new European spring for patent boxes -- 6.2. 2014-2015, a year of changes: OECD BEPS Action 5 and the modified nexus approach -- 6.2.1. The Code of Conduct dilemma and the OECD BEPS Action 5 discussions -- 6.2.2. The nexus approach and the Germany-UK agreement -- 6.2.3. October 2015: Final Report -- 6.3. Patent boxes after BEPS -- 6.3.1. The work of the Code of Conduct Group on the MNA -- 6.3.2. The implementation of the modified nexus approach by EU Member States -- 6.3.3. Third countries -- 6.4. Conclusions -- Chapter 7: Tax Planning and State Aid -- 7.1. Introduction -- 7.2. The substantive State aid framework in a nutshell -- 7.3. State aid and transfer pricing: The Starbucks and Apple cases -- 7.4. State aid and tax treaty relief: The McDonald's case -- 7.5. Final remarks -- Chapter 8: BEPS Action 6 and the LOB Provision: Restoring the Debate on the Compatibility with EU Law -- 8.1. Introduction -- 8.2. OECD BEPS Action 6 -- 8.2.1. Overview -- 8.2.2. The proposed LOB provision -- 8.3. LOB provisions and EU law -- 8.3.1. Relation between tax treaties and EU law -- 8.3.2. ECJ case law -- 8.3.2.1. ECJ case law on anti-abuse rules -- 8.3.2.2. Relevant ECJ case law for LOB provisions -- 8.3.2.2.1. Factortame 2 -- 8.3.2.2.2. Commission volume Netherlands -- 8.3.2.2.3. Open Skies -- 8.3.2.2.4. ACT GLO -- 8.3.3. The Commission's position on the LOB -- 8.3.3.1. In general -- 8.3.3.2. The LOB provision in the Japan-Netherlands tax treaty. |
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8.3.3.3. The Commission's views on the proposed Action 6 LOB clause -- 8.3.3.4. Assessing the LOB provision against EU law -- 8.4. Conclusions -- Chapter 9: The Switch-Over Clause: To Exempt or Not to Exempt, That Is the Question -- 9.1. Introduction -- 9.2. Purpose and background of the switch-over clause -- 9.2.1. Introduction -- 9.2.2. The Code of Conduct Group -- 9.2.3. The 2011 draft CCCTB proposal -- 9.2.4. The ATAD proposal -- 9.2.5. The ATAD Presidency compromise text -- 9.3. The proposed provisions in the 2016 C(C)CTB proposals -- 9.4. Issues regarding the application and interpretation of the clause -- 9.4.1. Striking differences with the ATAD Presidency compromise text -- 9.4.2. The tax rate test -- 9.4.3. The need for an active business escape -- 9.4.4. The scope of the tax treaty escape -- 9.4.5. PEs and the scope of the switch-over clause: The mystery of article 54 -- 9.5. Credit method -- 9.6. Losses -- 9.7. Appraisal of the switch-over clause -- 9.8. Epilogue -- Chapter 10: BEPS Action 12: The Lack of Certainty and the Infringement of Taxpayers' Rights -- 10.1. Introduction -- 10.2. Action 12: The lack of definition of "aggressive tax planning" infringes taxpayers' rights -- 10.2.1. Overview of the recommendations in Action 12 -- 10.2.2. Criticisms: Uncertainty and infringement of taxpayers' rights -- 10.2.2.1. How should tax avoidance schemes be defined? -- 10.2.2.2. Violation of the rights to privacy and confidentiality -- 10.2.2.3. Self-incrimination risk -- 10.3. In search of cooperation or obedience? -- 10.4. Mexico: Consequences of early implementation -- 10.4.1. Article 31-A of the Federal Tax Code -- 10.4.2. Deviations from Action 12 recommendations on the implementation of the Mexican norm and the unconstitutional result -- 10.5. Conclusions. |
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Chapter 11: The Transitional Period and its Impact on Tax Competition and the Implementation of the BEPS Project -- 11.1. The realization of the potential of the BEPS package depends on coordinated, consistent, coherent, clear, honest and effective implementation -- 11.1.1. The value of the inclusive OECD/G20 BEPS package -- 11.1.2. Prioritization of the implementation of the BEPS package -- 11.1.3. The transitional period is a broad concept -- 11.2. The EU Anti-Tax Avoidance Package (especially the Anti-Tax Avoidance Directive) setting a model example for the implementation of the BEPS package across the globe -- 11.2.1. Responsible and coordinated implementation required by interlocking memberships of the OECD, European Union and G20 -- 11.2.2. The June Action Plan of 2015 -- 11.2.3. The EU Anti-Tax Avoidance Package -- 11.2.4. The ATAD as a global flagship -- 11.2.5. The impact of the ATAD's transposition period on the implementation of the OECD/G20 BEPS package -- 11.3. The prospective (rather than retrospective) nature of the BEPS package -- 11.3.1. The interchangeable usage of "retroactivity" and "retrospectivity" -- 11.3.2. The policy of international instruments on the retroactivity/retrospectivity of criminal law -- 11.3.3. The general prohibition of retroactivity/retrospectivity of law in major jurisdictions -- 11.3.4. The emerging exceptional trend of retroactivity/retrospectivity of domestic tax law -- 11.3.5. The pros and cons of exceptional retroactive/retrospective tax legislation -- 11.3.6. Exceptional retroactive/retrospective tax legislation does not justify ex post facto actions of the BEPS package -- 11.4. Legal predictability, certainty and better compliance demand a reasonable transitional period in the course of the implementation of the BEPS package -- 11.4.1. The yellow-light interval analogy. |
| Bibliography |
Includes bibliographical references. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Taxation -- Law and legislation.
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Taxation -- Law and legislation. |
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LAW -- Military. |
| Genre/Form |
Electronic books.
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Electronic books.
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| Added Author |
Pistone, Pasquale, editor.
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Weber, D. M. (Dennis Manolito), 1970- editor.
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International Bureau of Fiscal Documentation, publisher.
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| ISBN |
9789087224479 (electronic book) |
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9087224478 (electronic book) |
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9789087224462 |
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908722446X |
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