The global minimum taxation of corporate groups. OECD. Pillar 2

Abstract

This article examines the proposal called “Base Erosion and Profit Shifting” (Pillar II), known as GloBE proposal, following the OCDE/G20’s report released on October 2020. Because of its novelty, after describing its basic elements, it will be compared with other fiscal instruments that had similar aims. Finally, it will be evaluated, taking into account particularly its effect on international fiscal system on profits. The work concludes that, in spite of the GloBE proposal being a good approach, there are other simpler and more tested tools to achieve these goals.