IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/23111_19.html
   My bibliography  Save this book chapter

The OECD/G20 and the EU global minimum tax

In: Research Handbook on Post-Pandemic EU Economic Governance and NGEU Law

Author

Listed:
  • Carlo Garbarino

Abstract

The OECD approach to reduced taxation of multinational enterprises (MNEs) led to the release of ‘nexus rules’ (Pillar One) and ‘profit allocation rules’ (Pillar Two). Pillar Two has pulled ahead of Pillar One, and the EU Global Minimum Tax Directive converged with Pillar Two, while the NGEU created an incentive for the EU to create new EU own resources having a regulatory aim which will include the Carbon Border Adjustment Mechanism (CBAM), the EU Emissions Trading System (ETS) as well as the global minimum tax imposed by the Directive. In particular the global minimum tax is imposed by home states which undertake the obligation to tax their own MNEs on their on global profits in a defensive coalition against base erosion and profit shifting.

Suggested Citation

  • Carlo Garbarino, 2024. "The OECD/G20 and the EU global minimum tax," Chapters, in: Federico Fabbrini & Christy A. Petit (ed.), Research Handbook on Post-Pandemic EU Economic Governance and NGEU Law, chapter 19, pages 282-297, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:23111_19
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/doi/10.4337/9781035328161.00030
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:23111_19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.