PLEASE JOIN THE PROGRESSIVE POLICY INSTITUTE
FOR A BREAKFAST BRIEFING ON
THE BEPS EFFECT: WHAT IT MEANS FOR U.S. TAX POLICY AND BUSINESS
with featured guest Pascal Saint-Amans, Director, Centre for Tax Policy and Administration, OECD
9am to 10am
Friday, April 15, 2016
Rayburn House Office Building
Breakfast will be served
From the Panama Papers to a new round of European investigations into alleged tax avoidance by U.S. companies, the question of how and where to tax international business activity is suddenly front and center. Complicating this question is the rise of intangible, data-driven commerce, which makes it even harder to locate where economic value is generated.
In 2013, the G-20 asked the Organization for Economic Cooperation and Development (OECD) to develop a common framework for international tax policy. The resulting Base Erosion and Profit Shifting (BEPS) principles, made public last fall, have major implications for U.S. tax policy, as well as U.S. businesses operating in the OECD countries.
The Obama Administration signed onto the BEPS project with the expectation that it would strengthen the U.S. tax base and enable Washington to hold onto more corporate tax revenues. However, some observers – including PPI – are concerned that the BEPS rules could create incentives for U.S. companies to move high-level jobs overseas.
In any case, it’s important for U.S. policymakers to get up to speed on BEPS. That’s why PPI is proud to present a Capitol Hill briefing with Pascal Saint-Amans, a key architect of the BEPS project.