In the last decades, VAT/GST systems have proliferated across the globe and have usually replaced any eventual cumulative turnover taxes or retail sales taxes (RST) previously operated in the respective country of adoption. However, the input VAT credit inherent to a VAT/GST facilitates some...

This paper studies foreseeable effects that a relatively comprehensive implementation of the Pillar 2 GloBE international effective minimum tax would have on international tax competition for investment. The discussion focuses on the perspective of countries that seek to attract foreign direct...

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...

Acccording to the OECD and the EU Commission, profits should be taxed "where value is created”. A commonly accepted definition of the term “value creation” is so far lacking, though. In this paper, we offer a pragmatic and contextualised analysis of the new “value creation” paradigm...

It is generally assumed that already in the next decade, the use of labour-saving robots with implemented artificial intelligence will lead to a dramatic transition of the workforce in almost all sectors of production and services. The ensuing loss of jobs that have traditionally been performed...