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Asked: 2022-03-30T16:41:38+05:30 In:

The term ‘Base Erosion’ and ‘Profit Sharing’ is related to

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The term ‘Base Erosion’ and ‘Profit Sharing’ is related to

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0%(a) mining operations by multinational companies in resource-rich but backward areas ( 0 voters )
100%(b) curbing of the tax evasion by multinational companies ( 2 voters )
0%(c) lack of consideration of environmental costs in the planning and implementation of development projects ( 0 voters )
0%(d) exploitation of genetic resources of a country by multinational companies ( 0 voters )
Based On 2 Votes

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base erosionprofit sharing

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1 Answer

  1. Karandeep
    Best Answer
    Beginner

    Base Erosion and Profit Sharing (BEPS) is a tax avoidance strategy, which is used by multinational companies, wherein the profits are shifted from jurisdictions that have high taxes to jurisdictions that have low taxes. Therefore, BEPS aims to curb tax evasion by multinational companies.

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