How to recover lost revenue from big global firms that legally avoid taxes
Activists of Campact and of the Network for TaxEquity dressed as te CEOs of big corporations -- BASF, Amazon, Apple -- protest in front of the Finance Ministry in Berlin, Germany on May 24, 2018. PHOTO | EMMANUELE CONTINI
For some time now, multinational companies have been gaming the rules of the global economy to minimise their tax liability —or even eliminate it altogether.
And for some time now, the Independent Commission for the Reform of International Corporate Taxation (ICRICT) has argued for the unitary taxation of multinationals.