Levelling Up: JULY 2015 Ensuring a fairer share of corporate tax for developing countries
Key messages of this report > International corporate taxation is broken and archaic and it harms all countries, especially developing countries. > The Base Erosion and Profit Shifting (BEPS) Project will not solve tax-dodging and is not addressing the deeper problems associated with tax rules and treaties which harm poorer countries. > Developing countries can’t wait for global agreement. Some have taken action to protect their corporate tax revenues. Others could do the same. > In the long term, a new global deal is needed to curb tax competition between countries and tackle tax avoidance.