Digital Business and Corporate Income Taxation: Is Value Creation’s Role Overstated?

    View Authors November 2018

    The integration of national economies and markets has increased substantially in recent years, putting a strain on the international tax rules, which were designed more than a century ago. Weaknesses in the current rules create opportunities for base erosion and profit shifting (BEPS), requiring bold moves by policy makers to restore confidence in the system and ensure that profits are taxed where economic activities take place and value is created. In this article, Jefferson VanderWolk, Tax Strategy & Benefits partner, discusses value creation and international corporate income tax policy. The article was first published in Tax Notes International and is reproduced with kind permission.