Beyond the 'Made in America Tax Plan': GILTI and International Tax Cooperation's Next Golden Age

Abstract

For nearly a century, international tax cooperation enjoyed a golden age buoyed by its promise to allow countries to do well by doing good. Over the last two decades, a narrower focus on enforcement has stripped international tax cooperation of that collective purpose. International tax cooperation’s next golden age will not arrive until it rediscovers a mission of strength through selflessness. Bolstering the base of the global economic pyramid would renew that purpose, opening the door to a new golden age of international tax cooperation.

Keywords: Tax havens, systemic racism, international tax, minimum tax, settler colonialism, GILTI, OECD, tax cooperation, gender