No more treaty shopping?
Many global shipping companies face increased tax bills following coordinated international anti-avoidance measures. These will restrict companies’ potential for ‘treaty shopping’ – benefiting from tax relief available under double tax treaties without real commercial justification.
Sue Bill
The measures stem from the OECD’s Base Erosion and Profit Shifting (BEPS) initiative to combat tax avoidance.
Countries are signing up to a multilateral convention – known as the...
http://www.allaboutshipping.co.uk/2019/03/26/no-more-treaty-shopping/