The OECD has released new data highlighting that the international business tax system needs swift reform along the lines of its two-pillar base erosion and profit shifting (BEPS) project. The average company revenue per employee is USD2 million in jurisdictions with a corporate income tax rate of zero, it says, compared with USD300,000 for jurisdictions with a non-zero rate. Moreover, related-party revenues account for 35 per cent of total revenues in 'investment hub' jurisdictions, but only 15 per cent on average in high-, middle- and low-income jurisdictions, suggesting that multinational enterprises are still shifting large amounts of their profits to low-tax jurisdictions.
News Source：【OECD 2022/11/17】