The use of tax planning and financial measures to decrease the size of the company’s taxable profits in a country is known as base erosion. This strategy is deployed by multinational companies. You can read about the Base Erosion and Profit Shifting (BEPS) – Issues, Measures taken by India in the given link.
Further readings:
- Taxation in India – Direct taxes, Indirect Taxes, Features of Taxation System
- Organisation for Economic Co-operation and Development [OECD] – Objectives, Member Countries, Responsibilities
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Related Links |
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National Institution for Transforming India (NITI Aayog) – A Brief Overview |
Securities And Exchange Board Of India (SEBI) – Functions & Powers |
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