@article{ART002639443},
author={Lee Jeong Mi},
title={Thin Capitalization – The Arm’s Length Approach through Blockchain},
journal={Journal of The Korea Society of Computer and Information},
issn={1598-849X},
year={2020},
volume={25},
number={10},
pages={185-191},
doi={10.9708/jksci.2020.25.10.185}
TY - JOUR
AU - Lee Jeong Mi
TI - Thin Capitalization – The Arm’s Length Approach through Blockchain
JO - Journal of The Korea Society of Computer and Information
PY - 2020
VL - 25
IS - 10
PB - The Korean Society Of Computer And Information
SP - 185
EP - 191
SN - 1598-849X
AB - This article proposes the unified an arm’s length price of transfer pricing for thin capitalization since the scope of permanent establishment has been enlarged under Digital Economy and the implementation of Blackchain system to resolve the drawback of finding an arm’s length price. The rule of current thin capitalization runs against the non-discrimination of taxation of the tax treaties and the national treatment which deals fairly with goods, sercice and capital money within the country under the treaty of commerce and navigator. In addition, the information of comparable uncontrolled debt are not available of current system to prove the debt which is not subject to the rule of thin capitalization. The united an arm’s length price of transfer pricing for thin capitalization can apply to foreign investment as well as domestic corporations, thereby resolving the problem of the non-discrimination of taxation of the tax treaties and the treaty of commerce and navigation. The availability of transaction level data through Blockchain platform to decide whether the debt can be subject to thin capitalization can resolve the issue of comparable uncontrolled debt transaction which can’t be found in current business transactions. This article should shed light on the proposing of the unified an arm’s length price of transfer pricing for thin capitalization and Blockchain system to prevent the income shifting. This propose provide implication for policymakers on current system of thin capitalization and arm’s length principles.
KW - Thin Capitalization;Arm‘s Length Price;Transfer Pricing;Blockchain;BEPS
DO - 10.9708/jksci.2020.25.10.185
ER -
Lee Jeong Mi. (2020). Thin Capitalization – The Arm’s Length Approach through Blockchain. Journal of The Korea Society of Computer and Information, 25(10), 185-191.
Lee Jeong Mi. 2020, "Thin Capitalization – The Arm’s Length Approach through Blockchain", Journal of The Korea Society of Computer and Information, vol.25, no.10 pp.185-191. Available from: doi:10.9708/jksci.2020.25.10.185
Lee Jeong Mi "Thin Capitalization – The Arm’s Length Approach through Blockchain" Journal of The Korea Society of Computer and Information 25.10 pp.185-191 (2020) : 185.
Lee Jeong Mi. Thin Capitalization – The Arm’s Length Approach through Blockchain. 2020; 25(10), 185-191. Available from: doi:10.9708/jksci.2020.25.10.185
Lee Jeong Mi. "Thin Capitalization – The Arm’s Length Approach through Blockchain" Journal of The Korea Society of Computer and Information 25, no.10 (2020) : 185-191.doi: 10.9708/jksci.2020.25.10.185
Lee Jeong Mi. Thin Capitalization – The Arm’s Length Approach through Blockchain. Journal of The Korea Society of Computer and Information, 25(10), 185-191. doi: 10.9708/jksci.2020.25.10.185
Lee Jeong Mi. Thin Capitalization – The Arm’s Length Approach through Blockchain. Journal of The Korea Society of Computer and Information. 2020; 25(10) 185-191. doi: 10.9708/jksci.2020.25.10.185
Lee Jeong Mi. Thin Capitalization – The Arm’s Length Approach through Blockchain. 2020; 25(10), 185-191. Available from: doi:10.9708/jksci.2020.25.10.185
Lee Jeong Mi. "Thin Capitalization – The Arm’s Length Approach through Blockchain" Journal of The Korea Society of Computer and Information 25, no.10 (2020) : 185-191.doi: 10.9708/jksci.2020.25.10.185
