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Arguments In Favor Of Introducing The Global Corporate Minimum Tax

Author

Listed:
  • Daniela PÎRVU

    (University of Pitesti)

  • Claudia STANCIU-TOLEA

    (University of Pitesti)

Abstract

In recent years, the multinational corporations have developed increasingly sophisticated and refined tax avoidance tax planning practices. As a result of these practices, many governments and international institutions have called for a reduction in tax bases and proposed various measures, which resulted in an agreement in 2021, which provided the introduction of the global corporate minimum tax. This paper presents a number of arguments in favor of introducing this measure by analyzing the literature and empirical research on the taxes paid by the multinational corporations.

Suggested Citation

  • Daniela PÎRVU & Claudia STANCIU-TOLEA, 2021. "Arguments In Favor Of Introducing The Global Corporate Minimum Tax," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 20(3), pages 63-70.
    • Handle: RePEc:pts:journl:y:2021:i:3:p:63-70
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    References listed on IDEAS

    as
    1. Alex Cobham & Petr Janský, 2018. "Global distribution of revenue loss from corporate tax avoidance: re†estimation and country results," Journal of International Development, John Wiley & Sons, Ltd., vol. 30(2), pages 206-232, March.
    2. Michal Friedrich & Jana Tepperova, 2021. "Identification of base erosion and profit shifting using tax evasion rate," Society and Economy, Akadémiai Kiadó, Hungary, vol. 43(1), pages 75-92, March.
    3. Dhammika Dharmapala, 2014. "What Do We Know about Base Erosion and Profit Shifting? A Review of the Empirical Literature," Fiscal Studies, Institute for Fiscal Studies, vol. 35, pages 421-448, December.
    4. Favourate Sebele-Mpofu & Eukeria Mashiri & Samantha Chantelle Schwartz, 2021. "An exposition of transfer pricing motives, strategies and their implementation in tax avoidance by MNEs in developing countries," Cogent Business & Management, Taylor & Francis Journals, vol. 8(1), pages 1944007-194, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    corporate tax; multinational corporations; tax avoidance.;
    All these keywords.

    JEL classification:

    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance

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