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IE INSIGHTS
IE Insights is a publication devoted to sharing the IE ecosystem’s knowledge in technology, innovation, diversity, entrepreneurship, and the humanities with the leaders of organizations.
Resilience has been tested throughout society from the personal to the global level during the current pandemic. Here, five experts look at what resilience means to them and how it can be fostered.
In the wake of major tax scandals, such as the Lux Leaks and the Panama Papers, multinationals’ tax avoidance and Profit Shifting have drawn the attention of policymakers, the media, the public and investors. Despite the global downward trend of Corporate Tax rates over the past two decades (OECD, 2011), anecdotal evidence suggests that multinational firms still exploit tax code loopholes to shift profits to low-tax countries with the ultimate goal to avoid taxes. By now, tax avoidance and income shifting have reached a global scale, such that the OECD with its Base Erosion and Profit Shifting (BEPS) project has estimated that countries could lose as much as US$240 billion annually in tax revenues (OECD 2013, 2015).
By Konstantina Valogianni. The world is experiencing dramatic events that are leaving their mark not only on our society and our economy but on each and every one of us. The combined efforts of science and technology are a key line of defense against any sort of pandemic.