Publications
Back136 members of the Inclusive Framework at the OECD agreed on a global minimum tax rate of 15%. Although, the agreement partly lacks ambition, the minimum tax is an effective tool to increase public revenue and curb both profit shifting and tax competition of large multinational enterprises. However, the negotiation outcome clearly depicts the uneven power balance between the Global South and the Global North.
With the three initially reluctant European countries, Ireland, Hungary and Estonia, on board, implementation for the EU is getting easier. The AK policy brief discusses the political and legal challenges and potential risks of effectively implementing the global minimum tax in the EU. It also highlights AK’s key demands and considers alternatives to unanimity.
Dominik Bernhofer
Contact by emailPhilipp Gerhartinger
Contact by email