Article in Journal
The Revenue Effect of a Global Effective Minimum Tax
Clemens Fuest, Florian Neumeier
CESifo, Munich, 2022
EconPol Forum 23 (6), 33-37
CESifo, Munich, 2022
EconPol Forum 23 (6), 33-37
- We estimate the fiscal effect of a global effective minimum tax for Germany, the EU27, and the world
- Our results indicate that Germany and – on aggregate – the EU27 would benefit fiscally from a global effective minimum tax
- However, the size of the additional tax revenue depends on the design of the carve-out rule and the extent of behavioral adjustments on the side of multinational companies and low-tax countries