Evolution or Revolution? The future of taxing multinationals 19 June 2017 RICS, 12 Great George Street, London, SW1P 3AD
Tim Power (UK Treasury) joined us to discuss topical issues including US Tax Reform, potential developments internationally regarding the taxation of the digitalising economy, and the future relationship between the UK and EU's tax policy agendas.
Firstly, Jost Heckemeyer presented a paper (co-authored with Christoph Spengel, and Katharina Nicolay from the University of Mannheim)on what the OECD BEPS Indicators may tell us when they are analysed following implementation of the BEPS recommendations; Helen Miller of the IFS discussed their findings.
Katarzyna Habu of Oxford University then presented her findings regarding how multinationals' tax contributions in the UK compare to those of domestic companies with similar profiles. Tom Pope of the IFS discussed the findings.
Finally, Maya Forstater of the Centre for Global Devlopment and Rasmus C Christensen of Copenhagen Business School presented their findings on a project titled "New Players, New Game". The project sought to identify how and why the taxation of MNCs captured the attention of politicians, the media, and the public, who the key influencers in the debate have been, and how this has changed over time. The findings are instructive for corporates and other stakeholders who wish to monitor and influence the debate as it continues in the coming years. Martin Hearson from the London School of Economics discussed the findings further.