The Organization for Economic Cooperation and Development (OECD) recently released details and proposed legislation on its global minimum tax plan. However, questions still linger regarding the details of the plan and the practicality of its proposed timeline. What future developments could we expect to occur as a result of the OECD global minimum tax deal?…
The recent agreement on a global minimum tax, and other changes to tax rules around the world, have called into question the future of tax competition. Each year, The Tax Foundation puts out its International Tax Competitiveness Index. The Index seeks to measure the extent to which a countries’ tax system adheres to important aspects…
Today, the Tax Foundation released its 2014 International Tax Competitiveness Index (ITCI). The ITCI measures the competitiveness of tax systems in the 34 countries in the Organisation for Economic Cooperation and Development (OECD) based on criteria in five categories: corporate income taxes, individual taxes, consumption taxes, property taxes, and the treatment of foreign earnings. So…