For years, large corporations have exploited international tax laws to pay less taxes. But last year, 137 countries backed a potential solution: a 15 percent corporate tax applied regardless of a company’s location. The reform could raise global tax revenues by $150 billion a year, but as advocates garner political support, there are significant roadblocks.
Featured Guests:
Shu-Yi Oei (Professor, Boston College Law School)
Richard Rubin (U.S. Tax Policy Reporter, Wall Street Journal)
For an episode transcript and show notes, visit us at: https://www.cfr.org/podcasts/what-in-the-world-is-a-global-minimum-tax
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