Islamic Game Theory approach for overcoming base erosion profit shifting challenges for the Organization of Islamic Cooperation

Abstract

Purpose: This paper aims to demonstrate a framework for addressing
base erosion and profit-shifting challenges in the Organization of Islamic
countries.
Design/Methodology/Approach: The paper is based on inferential
deductive research and a game theory approach.
Findings: The paper suggests new strategies for overcoming the challenges
of base erosion and profit shifting while strengthening adherence to Islamic
law.
Research Limitations/Implications: The research is limited to publicly
available data and estimates for the game theory approach. This may
represent a limit given the potential lack of more detailed and recorded
data.
Practical Implications: The framework may significantly assist in
shaping multilateral agreements on taxation. Social implications: The
framework would lead to fairer taxation and stronger support of the society.
Originality/Value: This paper demonstrates a new framework addressing
the challenges of base erosion and profit shifting.