For years governments have struggled to find the best way to tax the profits of globally-agile multinational businesses to ensure those businesses pay the appropriate amount of tax in every country where profits are generated. We are arguably still a long way from reaching a consensus view in this area. Meanwhile, countries including Australia have taken unilateral action to ensure they don't lose out in the short-to-medium term. This video covers the difficulties arising in the current landscape of uncertainty; the likelihood of a broad consensus view being reached; and whether the spectre of wholesale change may ultimately lead to the end of the (tax) world as we know it
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