Profit shifting and Replacement cost: Difference between pages

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''Tax.''
(RC).


Tax payer action that reduces the taxable profit in a jurisdiction by shifting it to a jurisdiction where it will be taxed at a lower rate or not taxed at all.  
1. ''Derivatives''


This is generally seen by tax authorities as potentially abusive, even if legal.
The current fair value of a derivatives contract, representing the amount that would need to be paid to replace the contract now, in the event of the failure of the derivative counterparty.




2. ''Financial reporting''


== See also ==
In current cost accounting, the current market cost of replacing inputs, rather than their historical cost.


* [[Base erosion and profit shifting]]
* [[Global minimum tax rate]]
* [[POEM]]
* [[Tax avoidance]]
* [[Tax evasion]]
* [[Transfer pricing]]


[[Category:Accounting,_tax_and_regulation]]
== See also ==
[[Category:Compliance_and_audit]]
* [[Counterparty]]
* [[Current cost accounting]]
* [[Derivative instrument]]
* [[Fair value]]
* [[Potential Future Exposure]]
* [[Replacement cost risk]]

Revision as of 14:28, 13 November 2016

(RC).

1. Derivatives

The current fair value of a derivatives contract, representing the amount that would need to be paid to replace the contract now, in the event of the failure of the derivative counterparty.


2. Financial reporting

In current cost accounting, the current market cost of replacing inputs, rather than their historical cost.


See also

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