Janeba, Eckhard; Schjelderup, Guttorm - 2022
The OECD’s proposal for a global minimum tax (GMT) of 15% aims for a reversal of a decades-long race to the bottom of …, which intensifies tax competition. We argue that the revenue effects of the GMT depend on the instruments governments use to … attract firms. With endogenous corporate tax rates, revenues in non-havens increase if initially tax competition among non …