The chances of global consensus on reforming the way multinationals are taxed have been revived thanks to the change in the US administration. The G7 agreement in June 2021 on both a global minimum tax and reallocation of global profits of multinationals to the market jurisdictions provides impetus towards a broader consensus at the G20 level in July, with a final deal expected by the end of 2021.
As countries look for revenues to fund a sustainable recovery post-COVID, there is a historic opportunity to stop profit shifting by multinationals and put an end to harmful tax competition between countries, which in turn would allow governments to make corporate tax systems more progressive. It can also provide the EU with an opportunity to move forward towards deeper European economic integration and progressive taxation of multinationals to ensure corporations contribute their fair share to the recovery post COVID.
This policy briefby Tommaso Faccio, in partnership with Friedrich Ebert Stiftung and TASC, looks at the ongoing international tax negotiations and the opportunity that a 2021 global agreement would bring to the European Union to play a leadership role in the modernisation of global business tax rules.
Sulle riforme del pnrr sull’inclusione serve partecipazione dei territori
by ANSA 06/10/2022
Interview with FEPS Director of Studies and Policy David Rinaldi
‘Wave of poverty’ expected to hit Brussels in winter, says social welfare expert
by Euronews 08/09/2022
Ronald Reagan és a “Reaganomics” legendája – Beszélgetés Andor Lászlóval
by Tilos Rádió 03/09/2022
FEPS Secretary General László Andor participates on 'Régen minden jobb volt' (Everything used to be better) backward-looking history programme on HU 'Tilos Rádió' on Ronald Reagan.
Tyskland vill slopa vetorätt inom EU
by ETC 29/07/2022
Other cookies are used for Advertisement and Analytics (Sharing on social networks, video playing, analysis and statistics, personalized advertising ...) You can refuse them if you want to. REJECTACCEPTCookie settings