Journal article
Empirical evidence on the global minimum tax: what is a critical mass and how large is the substance‐based income exclusion?
- Abstract:
- This paper presents empirical evidence on the proposed global minimum tax (GMT) of the OECD's Pillar 2. First, it addresses how many, and which, countries or country groups can be seen as constituting a ‘critical mass’ for its successful implementation; given such a critical mass, remaining jurisdictions worldwide will have an incentive to implement the GMT as well. Second, it assesses the generosity of the substance-based income exclusion (SBIE), which is informative for the revenue collected under the GMT.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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(Preview, Version of record, pdf, 428.9KB, Terms of use)
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- Publisher copy:
- 10.1111/1475-5890.12317
Authors
- Publisher:
- Wiley
- Journal:
- Fiscal Studies More from this journal
- Volume:
- 44
- Issue:
- 1
- Pages:
- 9-21
- Publication date:
- 2023-03-10
- DOI:
- EISSN:
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1475-5890
- ISSN:
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0143-5671
- Language:
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English
- Keywords:
- Pubs id:
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1328979
- Local pid:
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pubs:1328979
- Deposit date:
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2024-07-23
- ARK identifier:
Terms of use
- Copyright holder:
- Devereux et al.
- Copyright date:
- 2023
- Rights statement:
- © 2023 The Authors. Fiscal Studies published by John Wiley & Sons Ltd. on behalf of Institute for Fiscal Studies. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.
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