Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

BEPS focuses on incentives to drive tax competition

16 May 2017
Issue: 4599 / Categories: News

Weak economic growth is resulting in improved business incentives.

Global tax reforms and sustained weak economic growth continue to disrupt the tax landscape driving countries to introduce new or improved business incentives to compete. This is according to the EY Outlook for Global Tax Policy in 2017. See here.

It stated the long-term trend for countries to pursue a low-rate broad-base business tax strategy would remain strong in 2017. However implementation of the G20 and Organisation for Economic Co-operation and Development’s base erosion and profit shifting (BEPS) recommendations and draft legislation introduced by the European Commission were compelling governments to look for other ways to drive competition.

Of the 50 countries surveyed 30% were intending to invest in broader business incentives to stimulate or sustain investment with new or improved incentives being offered in 27% more countries than in 2016. Fully 22% of countries were planning to introduce more generous research and development (R&D)...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon