OECD model tax convention and Quiet quitting: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create page - source - Collins English Dictionary - https://www.collinsdictionary.com/dictionary/english/quiet-quitting#:~:text=Definition%20of%20'quiet%20quitting'&text=1.,at%20one's%20place%20of%20employment)
 
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''Tax''.
''Human resources.''


Companies often operate in a number of different countries and, as a result, may be resident in more than one country under the different domestic tax laws of each country.
1.


Many developed countries have entered into bilateral international tax agreements, known as double tax treaties, with other countries.  
The practice by an individual of doing no more work than they are contractually obliged to.


Many, but not all, of the tax treaties follow the OECD model tax convention.


2.


The OECD model convention provides a basis that can be used to draw up a bilateral tax agreement between two states, that seeks to eliminate double taxation.  
Doing little or no work, while being present at a place of employment.


Double tax treaties also help to encourage cross border trade.


:<span style="color:#4B0082">'''''Old models of work questioned'''''</span>


The OECD model tax convention contains a 'tie breaker' clause that determines a company’s tax residence for the purposes of the treaty.  
:"... younger generations are questioning the old model of work both physically and in intensity, with the phenomenon of ‘quiet quitting’ (or is it just simply doing one’s job?) raising issues of human capital management."


This is taken to be the place where ‘effective management’ and control (POEM) is carried on.  
:''Veronique Lafon-Vinais - Executive Director, Careers Development and Corporate Outreach, Hong Kong University of Science and Technology - The Treasurer, Issue 4 2022 - December 2022, p24.''


In a tie context this test requires a review of where the day to day management of the company takes place.


==See also==
* [[Assets]]
* [[Capital]]
* [[Capital management]]
* [[Employee]]
* [[Human capital ]]
* [[Human capital management]]
* [[Human resources]]
* [[Individual capital]]
* [[Intangible assets]]
* [[Materiality]]
* [[Natural capital]]
* [[Presenteeism]]
* [[Produced capital]]
* [[Social capital]]
* [[World Bank]]


== See also ==
* [[Convention]]
* [[Double tax treaties]]
* [[Double taxation]]
* [[Model]]
* [[Organisation for Economic Co-operation and Development]]
* [[Permanent establishment]]
* [[POEM]]
* [[Profit shifting]]
* [[Residence]]
* [[Tax ]]


[[Category:Accounting,_tax_and_regulation]]
==External link==
[https://www.worldbank.org/en/publication/human-capital The World Bank's Human Capital Project]
 
[[Category:Commercial_drive_and_organisation]]
[[Category:Influencing]]
[[Category:Self_management_and_accountability]]
[[Category:Working_effectively_with_others]]
[[Category:Planning_and_projects]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Risk_reporting]]

Latest revision as of 20:54, 2 December 2022

Human resources.

1.

The practice by an individual of doing no more work than they are contractually obliged to.


2.

Doing little or no work, while being present at a place of employment.


Old models of work questioned
"... younger generations are questioning the old model of work both physically and in intensity, with the phenomenon of ‘quiet quitting’ (or is it just simply doing one’s job?) raising issues of human capital management."
Veronique Lafon-Vinais - Executive Director, Careers Development and Corporate Outreach, Hong Kong University of Science and Technology - The Treasurer, Issue 4 2022 - December 2022, p24.


See also


External link

The World Bank's Human Capital Project