Taxing multinationals, unitary-style
The Taxcast
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Unitary Taxation for Multinational Fairness
The chapter explores the concept of unitary taxation as a fair solution for taxing multinational corporations by treating them as single entities and distributing profits among countries based on economic activities. It discusses how formulary apportionment can divide profits based on factors like employees and sales, contrasting it with the current system that allows profit manipulation. The negative impacts of profit shifting and the importance of unitary taxation for tax justice advocacy are emphasized, urging a unified tax system for fair competition and innovation.
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