A practical proposal to end corporate tax abuse : METR, a minimum effective tax rate for multinationals

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F22%3A10434789" target="_blank" >RIV/00216208:11230/22:10434789 - isvavai.cz</a>

Výsledek na webu

<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=WuUDC25wxX" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=WuUDC25wxX</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1111/1758-5899.13029" target="_blank" >10.1111/1758-5899.13029</a>

Jazyk výsledku

angličtina

Název v původním jazyce

A practical proposal to end corporate tax abuse : METR, a minimum effective tax rate for multinationals

Popis výsledku v původním jazyce

An initiative is needed to break the logjam in the international negotiations to reform taxation of multinational enterprises (MNEs). The explosion of profit shifting observed since the 1990s has resulted in hundreds of billions of dollars of tax revenues being lost around the world each year - but reform efforts have thus far failed to deliver measurable progress on the primary agreed goal of better aligning MNEs&apos; taxable profits with the location of their real economic activity. More recently, countries have committed also to ensure that MNEs&apos; global profits are subject to a minimum effective tax rate, but international agreement depends on designing an approach that can gain wide support. Our proposal for a minimum effective tax rate (METR) could be applied to MNEs by any countries that choose to do so, whether they are home to MNEs, host of MNEs, or both. The METR would be compatible with existing tax treaties, but being non-discriminatory it also complies with other international obligations and could be introduced unilaterally. Economic modelling shows the METR would deliver major revenue gains for participating countries, and adoption would also contribute to, rather than impede, momentum for a more comprehensive multilateral agreement.

Název v anglickém jazyce

A practical proposal to end corporate tax abuse : METR, a minimum effective tax rate for multinationals

Popis výsledku anglicky

An initiative is needed to break the logjam in the international negotiations to reform taxation of multinational enterprises (MNEs). The explosion of profit shifting observed since the 1990s has resulted in hundreds of billions of dollars of tax revenues being lost around the world each year - but reform efforts have thus far failed to deliver measurable progress on the primary agreed goal of better aligning MNEs&apos; taxable profits with the location of their real economic activity. More recently, countries have committed also to ensure that MNEs&apos; global profits are subject to a minimum effective tax rate, but international agreement depends on designing an approach that can gain wide support. Our proposal for a minimum effective tax rate (METR) could be applied to MNEs by any countries that choose to do so, whether they are home to MNEs, host of MNEs, or both. The METR would be compatible with existing tax treaties, but being non-discriminatory it also complies with other international obligations and could be introduced unilaterally. Economic modelling shows the METR would deliver major revenue gains for participating countries, and adoption would also contribute to, rather than impede, momentum for a more comprehensive multilateral agreement.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

<a href="/cs/project/GM21-05547M" target="_blank" >GM21-05547M: Zdanění nadnárodních korporací v globalizovaném světě (CORPTAX)</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2022

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Global Policy

ISSN

1758-5880

e-ISSN

1758-5899

Svazek periodika

13

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

16

Strana od-do

18-33

Kód UT WoS článku

000723012400001

EID výsledku v databázi Scopus

2-s2.0-85119971144