Читать книгу Global Tax Governance. Taxation on Digital Economy, Transfer Pricing and Litigation in Tax Matters (MAPs + ADR) Policies for Global Sustainability. Ongoing U.N. 2030 (SDG) and Addis Ababa Agendas онлайн

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As such, multinationals should also take all necessary actions to safeguard the substance of their operations in all jurisdictions where they extend their activities such as by employing substitute local directors where possible.

The economic crisis extends, however, much beyond the individual enterprise. It affects the whole-of-the-economy, in the short, medium and long-term. This is a substantially bigger challenge for legislators and policy-makers alike.

A common, long-term tax plan aimed at properly supporting the most vulnerable enterprises and promoting investments and entrepreneurship in the EU is thus necessary. In this respect, it is worth noting a position paper published by BusinessEurope on behalf of EU businesses. This paper calls Member States to channel investments in strategic areas, enhance movement of capital in the single market, incentivize the services market and strengthen the supply chain.

Indeed, a concrete relaunching of the EU economy requires structured tax incentives, especially for SMEs and with a purpose to guaranteeing liquidity. Such a structured plan should take into account the probable significant reduction of tax revenues for the coming years as well as the disproportionately high tax compliance costs for SMEs.