Essays about: "Economic substance over legal form"

Found 2 essays containing the words Economic substance over legal form.

1. 1. IFRS 15: A critical evaluation of the newly issued revenue recognitions standard’s ability to reflect economic reality

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Albin Wärnlund; Tobias Klein; [2020]
   Keywords : Revenue recognition; IFRS 15; Economic reality; Economic substance over legal form; True and Fair view; Business and Economics;

   Abstract : Purpose: The purpose of this study has been to critically evaluate the newly issued revenue recognition standard’s ability to reflect economic reality. Methodology: To fulfil the purpose of this study, a qualitative document analysis of how different wide-spread perceptions of economic reality have been accommodated by the IASB under the development of IFRS 15 has been conducted with a backdrop in the developed framework. READ MORE

3. 2. Does the Substance over Form approach implemented as a result of the BEPS package reconciles the Permanent Establishment definition with the existence of economic allegiances?

   University essay from Lunds universitet/Institutionen för handelsrätt

   Author : Moisés Zúñiga Vargas; [2019]
   Keywords : Taxes; Permanent Establishment; economic allegiances; MLI; OECD; BEPS; Model Tax Convention; International taxation; Law and Political Science;

   Abstract : The Permanent Establishment (PE) concept plays a key role in the distribution of taxing rights between States by determining when the profits derived by an entity are taxable in a State other than the State of its residency. This concept, originally, evidenced the existence of sufficient economic allegiances between a non-resident entity and a State to justify taxation therein. READ MORE