Tax avoidance and profit shifting by multinationals pose a significant problem for most EU Member States. Since this problem is so widespread, it has become a major question of equitableness. Digitalisation and the increasing importance of intangible assets (brands, algorithms, data, etc.) are additional challenges to international taxation (of profits). A change to the system of international profit taxation towards a consolidated profit approach and formular apportionment (including a minimum profit tax rate) is the best way to get this problem under control.