Abstract
Digitalisation and automation of the economy have brought an immense challenge to the tax industry for quite some time now. The most well-known challenges brought by these factors are base erosion and profit shifting (BEPS). BEPS refers to tax avoidance by multinational enterprises (MNEs) that use gaps in the interaction between different tax systems to reduce taxable income artificially or shift their profits to low-tax jurisdiction in which little or no economic activities are performed.1 The changes brought by technology pose a challenge to the jurisdiction to tax income, alters the balance of taxing authority and erode countries’ tax bases...
LL.M. (Tax Law)