EPISODE · Apr 14, 2022 · 24 MIN
What in the World Is a Global Minimum Tax?
from Why It Matters · host Council on Foreign Relations
For years, large corporations have exploited international tax laws to pay less taxes. But last year, 137 countries backed a potential solution: a 15 percent corporate tax applied regardless of a company’s location. The reform could raise global tax revenues by $150 billion a year, but as advocates garner political support, there are significant roadblocks. Featured Guests: Shu-Yi Oei (Professor, Boston College Law School) Richard Rubin (U.S. Tax Policy Reporter, Wall Street Journal) For an episode transcript and show notes, visit us at: https://www.cfr.org/podcasts/what-in-the-world-is-a-global-minimum-tax
What this episode covers
For years, large corporations have exploited international tax laws to pay less taxes. But last year, 137 countries backed a potential solution: a 15 percent corporate tax applied regardless of a company’s location. The reform could raise global tax revenues by $150 billion a year, but as advocates garner political support, there are significant roadblocks. Featured Guests: Shu-Yi Oei (Professor, Boston College Law School) Richard Rubin (U.S. Tax Policy Reporter, Wall Street Journal) For an episode transcript and show notes, visit us at: https://www.cfr.org/podcasts/what-in-the-world-is-a-global-minimum-tax
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What in the World Is a Global Minimum Tax?
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