Global Tax Fairness

This book addresses sixteen different reform proposals that are urgently needed to correct the fault lines in the international tax system as it exists today, and which deprive both developing and developed countries of critical tax resources. It offers clear and concrete ideas on how the reforms can be achieved and why they are important for a more just and equitable global system to prevail. The key to reducing the tax gap and consequent human rights deficit in poor countries is global financial transparency. Such transparency is essential to curbing illicit financial flows that drain less developed countries of capital and tax revenues, and are an impediment to sustainable development. A major break-through for financial transparency is now within reach. The policy reforms outlined in this book not only advance tax justice but also protect human rights by curtailing illegal activity and making available more resources for development. While the reforms are realistic they require both political and an informed and engaged civil society that can put pressure on governments and policy makers to act.

Table of Contents

Chapter 1: Building Institutions for a Globalized World: Automatic Information Exchange
Chapter 2: Let´s Tax Anonymous Wealth!: A Modest Proposal to Reduce Inequality, Attack Organized Crime, Aid Developing Countries, and Raise Badly Needed Revenue from the World’s Wealthiest Tax Dodgers, Kleptocrats, and Felons
Chapter 3: Country-By-Country Reporting
Chapter 4: Hanging Together: A Multilateral Approach to Taxing Multinationals
Chapter 5: Stateless Income and its Remedies
Chapter 6: The Arm´s Length Standard: Making It Work in a 21st-Century World of Multinationals and Nation States
Chapter 7: The Taxation of Multinational Enterprises
Chapter 8: More Than Just Another Tax: The Thrilling Battle over the Financial Transaction Tax: Background, Progress, and Challenges
Chapter 9: Towards Unitary Taxation: Combined Reporting and Formulary Apportionment
Chapter 10: An International Convention on Financial Transparency
Chapter 11: Lakes, Oceans, and Taxes: Why the World Needs a World Tax Authority
Chapter 12: Tax Competitiveness-a Dangerous Obsession
Chapter 13: A Fair Deal in Extractives: The Company Profit-related Contract
Chapter 14: Self-Help and Altruism: Protecting Developing Countries´ Tax Revenues
Chapter 15: Ten Ways Developing Countries Can Take Control of their Own Tax Destinies