For a Better GLOBE. METR: A Minimum Effective Tax Rate for Multinationals

Kadet, Jeffery M.; Cobham, Alex; Faccio, Tommaso; Garcia‐Bernardo, Javier; Jánský, Petr; Picciotto, Sol

doi:10.2139/ssrn.3796030

Cited by 8 publications

(7 citation statements)

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“…In the absence of an agreement that would have resolved all the above-mentioned risks and uncertainties, a group of leading tax experts have devised a more equitable, far less complex, and more practical proposal for a global anti-base erosion tax (Cobham et al, 2021;Picciotto et al, 2021). This relates to a minimum effective tax rate (METR), which could be introduced by a coalition of willing countries, whether they are home to MNEs, host of MNEs, or both.…”

Section: From Recovery To Resilience: the Development Dimensionmentioning

confidence: 99%

Understanding the Linkages Between Financial Markets and Sustainable Economic Development

Maharajabdinul

2024

AEFS

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This study explores the intricate relationship between financial markets and sustainable economic development, aiming to elucidate the dynamics, challenges, and opportunities at the intersection of finance and sustainability. Employing a multidisciplinary approach, the research synthesizes insights from economics, finance, environmental studies, sociology, and political science to provide a comprehensive analysis. The purpose is to examine how financial market activities influence the pursuit of sustainable economic development and vice versa. Methodologically, the study employs a literature review to synthesize existing research and identify gaps in understanding. Findings reveal that while financial markets play a crucial role in capital allocation and resource mobilization, they also pose challenges such as environmental degradation, social inequality, and systemic risks. Regulatory frameworks and institutional arrangements are identified as critical factors shaping the impact of financial markets on sustainability outcomes. The discussion highlights the need for a holistic approach that integrates financial market reform, regulatory enforcement, and stakeholder engagement to address these challenges. Implications include the importance of aligning financial incentives with sustainability objectives, enhancing the resilience of financial systems, and fostering collaborative partnerships among stakeholders. Overall, the study contributes to both theoretical understanding and practical insights for policymakers, practitioners, and scholars navigating the complex terrain of finance and sustainability.

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Section: From Recovery To Resilience: the Development Dimensionmentioning

confidence: 99%

Understanding the Linkages Between Financial Markets and Sustainable Economic Development

Maharajabdinul

2024

AEFS

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“…• Moving towards a tax nexus based on meaningful economic presence with an allocation formula: This measure could help overcome several limitations and defeat the implementation crisis impairing the agenda agreed within the OECD framework. 82 • Supporting a United Nations Tax Convention as a bloc. LAC countries should become actively involved in opening UN negotiations on international taxation and adopt common positions with other blocs in the Global South.…”

Section: Tax Information Exchange and Regional Cooperationmentioning

confidence: 99%

Green and Progressive Taxes for the Socio-Ecological Transition - Perspectives from Latin America and the Caribbean - Executive Summary

Lozano,

Silva,

Cisternas

et al. 2023

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This summary discusses the need to implement green and progressive taxes in Latin America and the Caribbean in response to a triple planetary crisis that includes climate change, biodiversity loss, and water scarcity, exacerbated by marked regional inequalities. It argues that the region must lead tax reforms that address these challenges comprehensively, proposing specific taxes on the wealthiest and environmentally harmful practices. It emphasises the urgency of acting in a coordinated manner at both regional and global levels to ensure socio-ecological transitions that reconcile economic and social well-being with environmental sustainability, within a framework of justice and equity.

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“…• Avanzar hacia un nexo tributario basado en la presencia económica significativa con una fórmula de reparto: Esta vía podría superar varias de las limitaciones y la crisis de implementación en la que se encuentra la agenda acordada en el marco de la OCDE. 82 • Apoyar en bloque una Convención Tributaria de Naciones Unidas.…”

Section: Intercambio De Información Tributaria Y Cooperación Regionalunclassified

Impuestos verdes y progresivos para la transición socioecológica - Perspectiva desde América Latina y el Caribe - Resumen ejecutivo

Lozano,

Silva,

Cisternas

et al. 2023

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Este resumen discute la necesidad de implementar impuestos verdes y progresivos en América Latina y el Caribe como respuesta a una triple crisis planetaria que incluye el cambio climático, la pérdida de biodiversidad y la escasez de agua, exacerbadas por desigualdades regionales marcadas. Argumenta que la región debe liderar reformas tributarias que aborden estos desafíos de manera integral, proponiendo impuestos específicos a los más ricos y a las prácticas ambientalmente dañinas. Se enfatiza la urgencia de actuar de manera coordinada a nivel regional y global para garantizar transiciones socio-ecológicas que reconcilien el bienestar económico y social con la sostenibilidad ambiental, en un marco de justicia y equidad.

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For a Better GLOBE. METR: A Minimum Effective Tax Rate for Multinationals

Cited by 8 publications

References 0 publications

Understanding the Linkages Between Financial Markets and Sustainable Economic Development

Understanding the Linkages Between Financial Markets and Sustainable Economic Development

Green and Progressive Taxes for the Socio-Ecological Transition - Perspectives from Latin America and the Caribbean - Executive Summary

Impuestos verdes y progresivos para la transición socioecológica - Perspectiva desde América Latina y el Caribe - Resumen ejecutivo

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