Thus, a multinational group consisting of 200 separate companies around the world which, in reality, is a single economic entity, is regarded for tax purposes as 200 separate taxpayers.
Should the international tax system be changed so that the ultimate holding company pays all the groupâ€™s tax, computed on the basis of the consolidated accounts? Thus, in the example above, there would only be one tax return instead of 200.”
Please write as I’m not a native speaker.
and use journal or references from IBFD and OECD.
“Brief quotes â€“ about 5 lines is the maximum acceptable for each quote, and you should not have more than 6 quotes in your essay. You donâ€™t need to include any at all if you donâ€™t want to. If you do use quotes, it is important that you have a good reason for including it â€“ the quote must be properly introduced and you must make some comments on each one. ”