In 2020, the European Commission announced its intention to table a legislative proposal for a Carbon Border Adjustment Mechanism (CBAM), as part of a wider package of laws aimed at implementing the EU Green Deal. It furthermore stated that it would explore various options, such as a so-called...

Auf internationaler Ebene wird aktuell über ein System effektiver internationaler Mindeststeuern auf die Gewinne multinationaler Unternehmen verhandelt, das bis Ende 2020 beschlossen werden soll. Eine Mindeststeuer könnte die Effizienz und Effektivität der internationalen Besteuerung deutlich...

The OECD has steered clear of including any references to EU law requirements in its 2014 Deliverables of the BEPS Action Plan. Otherwise, non-EU Member States might have gotten the impression that any future recommendations on how to curb BEPS will eventually not be fully implemented in Europe....

This article examines the European Commission's Proposal for a Council Directive implementing a financial transaction tax through the enhanced cooperation procedure published on February 14, 2013. It starts by providing a brief description and analysis of the Proposal and the accompanying Impact...

In its Public Consultation Document, the OECD discusses the introduction of effective minimum taxes on multinational firm profits (the so-called GLOBE: "global anti-base erosion" proposal). In this paper, we make three distinct contributions. First, we discuss the policy rationale for the...

The Inclusive Framework of the OECD/G20 currently discusses the internationally coordinated introduction of effective minimum taxes on multinational firm profits. This so-called GLOBE (global anti-base erosion) proposal is inspired by the GILTI and BEAT regimes of the 2017 US tax reform. It...