International Profit Corporate Tax Harmonization

Abstract

While fiscal jurisdictions are still working on implementing the political
commitments coming from the final reports on BEPS project, the OCDE has
launched a new project regarding international profits taxation system,
which is expected, if approved, to carry dramatic reforms. At the same time,
European Union continues boosting directive proposals on this matter, even though, limited to the European space.

This paper describes those works, sketching out its possible impact on
Corporate Tax.