Why Data Giants Don't Pay Enough Tax
56 Pages Posted: 31 Jan 2023 Last revised: 23 Mar 2023
Date Written: January 30, 2023
Data giants are often in the headlines for failing to pay enough taxes, both in the United States and around the world. Since most of the world’s data giants originate in the United States but earn profits by operating across borders, are there legal constraints on when and how much the United States and other countries can tax them? This paper examines a large-scale cross-country tax reform initiative that is testing the limits.
Keywords: Global minimum tax; public international law; sovereignty; soft law; international customs; legal principles; corporate law; multinational enterprises; legal principles; tax policy
JEL Classification: F23; F53; F55; H25; H26; H87; K33; K34
Suggested Citation: Suggested Citation