From the OECD's Pillar Two to the Global Minimum Tax Directive: Origins, Ambitions and Shortcomings

Details

Supervisors

Defraigne, Jean-Christophe

Faculty

Louvain School of Management

Degree label

Master de spécialisation en entreprises et politiques économiques européennes

Abstract

This thesis explores the evolution and implications of the OECD's Pillar Two initiative, which establishes a global minimum corporate tax rate of 15%. The research examines the detrimental effects of tax avoidance and evasion on the welfare state and provides a political and historical context for the rebirth of BEPS 2.0. It focuses on the European transposition of Pillar Two, underlines its potential limitations, and raises concerns about the credibility of a so-called "landmark" international tax reform. This thesis offers a comprehensive examination of the obstacles to achieving effective corporate regulation, to end base erosion and profit shifting.