A clear account of how unitary taxation of multinational profits might work. With a simple answer to the problem of source countries' profits from resource extraction - remove them from apportionment. (Profits from mineral processing in the country of extraction might also need to be removed).
Tax Justice Network@taxjustice.net · yesterdayUnitary taxation would end the fiction that a multinational is a collection of unrelated entities & tax it as what it is: a single business. Alison Schultz breaks down technical choices, from resource rights to where sales are measured, that shape who benefits from global tax reform. bit.ly/4wbE1s7
