This article examines the potential of Generative Al to transform the operation of tax systems and the potential barriers that will have to be overcome.It is intended to start a conversation amongst BRI tax administra...This article examines the potential of Generative Al to transform the operation of tax systems and the potential barriers that will have to be overcome.It is intended to start a conversation amongst BRI tax administrations on the areas where Al could have the greatest impact on taxpayer service and compliance.展开更多
This short article sets out how technology is able to help resolve some of the basic problems that have plagued Belt and Road Initiative economies over many decades,namely:how to assist companies to take advantage of ...This short article sets out how technology is able to help resolve some of the basic problems that have plagued Belt and Road Initiative economies over many decades,namely:how to assist companies to take advantage of global markets;how to move away from a cash-based economy to a cashless economy;and how to deal with the growing volume of illicit financial flows.These technologies will transform the tax administrations of BRI jurisdictions over time.展开更多
This article showcases the potential interplay between transfer pricing rules and the OECD’s Pillar One and Pillar Two proposals.Given their simultaneous application,conflicts between these sets of rules may arise.Th...This article showcases the potential interplay between transfer pricing rules and the OECD’s Pillar One and Pillar Two proposals.Given their simultaneous application,conflicts between these sets of rules may arise.The article also emphasizes the importance of careful consideration before implementation of these rules,including potential adjustments to domestic laws,and the need to prevent double taxation and less-than-single taxation risks through enhanced cooperation and clear communication.展开更多
This paper explores the linkage between emerging new technologies and transfer pricing,and the mechanisms available to minimise and resolve disputes in this area.It explores the way that these technologies can help ac...This paper explores the linkage between emerging new technologies and transfer pricing,and the mechanisms available to minimise and resolve disputes in this area.It explores the way that these technologies can help achieve a better application of the Arm’s Length Principle(ALP)which remains the bedrock for transfer pricing around the world.It also identifies the way that both MNEs and Tax Administrations can use these technologies to get access to more comparable information and to achieve greater consistency in the allocation on the basis of the ALP.Finally some new ways of achieving more effective cross-border resolution mechanisms in the BRI jurisdictions are explored.展开更多
文摘This article examines the potential of Generative Al to transform the operation of tax systems and the potential barriers that will have to be overcome.It is intended to start a conversation amongst BRI tax administrations on the areas where Al could have the greatest impact on taxpayer service and compliance.
文摘This short article sets out how technology is able to help resolve some of the basic problems that have plagued Belt and Road Initiative economies over many decades,namely:how to assist companies to take advantage of global markets;how to move away from a cash-based economy to a cashless economy;and how to deal with the growing volume of illicit financial flows.These technologies will transform the tax administrations of BRI jurisdictions over time.
文摘This article showcases the potential interplay between transfer pricing rules and the OECD’s Pillar One and Pillar Two proposals.Given their simultaneous application,conflicts between these sets of rules may arise.The article also emphasizes the importance of careful consideration before implementation of these rules,including potential adjustments to domestic laws,and the need to prevent double taxation and less-than-single taxation risks through enhanced cooperation and clear communication.
文摘This paper explores the linkage between emerging new technologies and transfer pricing,and the mechanisms available to minimise and resolve disputes in this area.It explores the way that these technologies can help achieve a better application of the Arm’s Length Principle(ALP)which remains the bedrock for transfer pricing around the world.It also identifies the way that both MNEs and Tax Administrations can use these technologies to get access to more comparable information and to achieve greater consistency in the allocation on the basis of the ALP.Finally some new ways of achieving more effective cross-border resolution mechanisms in the BRI jurisdictions are explored.
