Document Type
Report
Publication Date
2024
Abstract
This Perspective explores the implications for the home countries of large MNEs of the agreement reached by over 140 countries in 2021 to enact a corporate minimum tax of 15%. It argues that the corporate minimum tax complements the trend to reduce the negative impact of unfettered globalization on labor, and it protects the ability of home countries to finance a robust social safety net. Home countries should adopt the corporate minimum tax, and that includes the US, which last year failed to adapt its Global Intangible Low-Taxed Income approach to the corporate minimum tax.
Recommended Citation
Avi-Yonah, Reuven S. The global corporate minimum tax and MNE home countries. New York: Columbia University, 2024. (Research Report)
Comments
Reuven Avi-Yonah, ‘The global corporate minimum tax and MNE home countries,’ Columbia FDI Perspectives, No. 375, January 22, 2024. Reprinted with permission from the Columbia Center on Sustainable Investment (http://ccsi.columbia.edu). All rights reserved.