IMF Podcast Highlights Global Tax Transformation
WASHINGTON, USA – As globalization and international trade evolve in the 21st century, the taxation framework for multinational corporations remains rooted in outdated 20th-century concepts. This dichotomy raises significant questions about fairness and equity in the global corporate tax system.
In response, recent initiatives led by international organizations aim to modernize corporate tax policies, including proposals for a minimum corporate tax to enhance equity among nations.
The International Monetary Fund (IMF) is actively contributing to this critical discourse by leveraging its expertise in global tax policy. Recent research focuses on bolstering the effectiveness of a corporate minimum tax, highlighting its importance in reshaping international taxation.