Profit Split Is Tough Solution To Digital Tax, Experts Say
Law360, Washington (June 4, 2019, 8:39 PM EDT) -- The profit split method stands a decent chance of becoming the internationally agreed approach to taxing the digital economy, but it will be far from easy to apply, according to transfer pricing specialists speaking at a conference Tuesday.
Katherine Amos, vice president of global transfer pricing and tax disputes at Johnson & Johnson, said officials designing the digital tax regime should be aware of the complications in the residual profit split method — one of the approaches floated by the Organization for Economic Cooperation and Development in its work plan released Friday. Amos spoke on the second day of the 2019...
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