Preferential tax regime

From ACT Wiki
Jump to: navigation, search

1. Tax - anti-avoidance - Base erosion and profit shifting (BEPS).

As defined by the Organisation for Economic Co-operation and Development (OECD), a preferential tax regime is one which causes international harm by treating certain entities, activities or structures over-favourably for the purposes of taxation.

Hong Kong becoming compliant

"[Hong Kong's] corporate treasury centre incentive is in the process of being amended to comply with the OECD guidance on preferential tax regimes."
The Treasurer magazine, August 2018, p20


More generally, tax rules or jurisdictions which are favourable to certain groups of taxpayers.

See also