BEPS Action 5 and the Tax Incentive for the creation of Software in Colombia

Activity: Talk or presentation / Performance / Speeches › Talk or presentation - at conference › Academic

Description

The OECD listed a tax incentive for the creation of software made in Colombia as a harmful tax practice. While the OECD creates such lists based on the lack of nexus between the incentive and the income generating activities, the case of the Colombian incentives shows shortages related to the way the incentives are analyzed by the competent OECD forums and later withdrawn by countries fearing the consequences of black lists, disclosing major issues on the way global tax policy and domestic tax policy are set.
Period18 Jun 2020
Held atCECOLDA (COLOMBIAN COPYRIGHT CENTER), Colombia
Degree of RecognitionRegional

Keywords

  • Innovation incentives
  • BEPS ACTION 5

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