Download the BYJU'S Exam Prep App for free IAS preparation videos & tests - Download the BYJU'S Exam Prep App for free IAS preparation videos & tests -

What is international profit shifting?

The tax strategy deployed by multinational companies which involves shifting taxable profits to low tax countries from high tax countries with the objective of bringing down the overall tax paid is known as international profit shifting.You can read about the Base Erosion and Profit Shifting (BEPS) – Issues, Measures taken by India in the given link.

Further readings:

  1. Taxation in India – Direct taxes, Indirect Taxes, Features of Taxation System
  2. Organisation for Economic Co-operation and Development [OECD] – Objectives, Member Countries, Responsibilities

Related Links

Central Board of Direct Taxes (CBDT) – UPSC Notes

Monetary Policy – Objectives, Roles and Instruments

National Institution for Transforming India (NITI Aayog) – A Brief Overview

Securities And Exchange Board Of India (SEBI) – Functions & Powers

Global Financial Stability Report 2020 – GFSR Report By IMF

Highlights of Economic Survey 2021

Comments

Leave a Comment

Your Mobile number and Email id will not be published.

*

*