The New International Tax Framework: Evolution or Revolution?

Authors

Reuven S. Avi-Yonah, University of Michigan Law SchoolFollow

Document Type

Article

Publication Date

2021

Abstract

On July 1, 2021, 130 countries signed on to a new framework for reforming international corporate taxation. This outcome, which still needs to be finalized and implemented in national legislation, represents the culmination of over a decade of attempts to bring the 100-year old international tax regime into the 21st century. This Insight will explain the background to the new framework and assess its prospects for success.

Comments

This article, first published as an ASIL Insight, is reprinted with permission from the American Society of International Law, www.asil.org. © American Society of International Law.

Recommended Citation

Avi-Yonah, Reuven S. "The new international tax framework: evolution or revolution?" American Society of International Law 25, no. 11 (2021).