Global Corporate Tax Governance
Crisis, Consensus, and Revolution
Format:Hardback
Publisher:Taylor & Francis Ltd
Publishing:7th Apr '26
£139.50 was £155.00
This title is due to be published on 7th April, and will be despatched as soon as possible.
This book examines the transformative changes in international corporate taxation from 2008 to 2021, culminating in the landmark October 2021 agreement that fundamentally altered multinational business taxation.
The study analyses how the 2008 Financial Crisis and 2020 COVID-19 pandemic catalysed reform through G-20 and OECD initiatives, resulting in a two-pillar framework with conditional mismatch rules and a 15% minimum Effective Corporate Tax Rate applied country-by-country.
Through empirical, comparative, and meta-historical analysis, the author reveals the decisive influence of the Transnational Tax Policy Community (TTPC) as agenda-setter, adviser, and gatekeeper. Despite the TTPC's significant role, the research demonstrates that domestic politics substantially impact implementation and enforcement outcomes.
The work introduces a Dynamic Model of Corporate Tax Governance that not only explains recent revolutionary changes but also predicts future developments in global tax governance, illuminating the ongoing tension between multilateral cooperation and state sovereignty in international taxation.
“This book is an outstanding study of how the remarkable 2021 agreement on the global corporate tax was reached and signed by over 140 countries. It should be read by anyone who is interested in the possibility of reaching multilateral solutions to global problems, not just tax experts.”
- Reuven S. Avi-Yonah is the Irwin I. Cohn Professor of Law at the University of Michigan
“Motala’s book demonstrates how systemic shocks, expert networks anchored in the OECD, and distributional conflicts among States combined to alter the foundations of international corporate taxation. The analysis advances a ‘dynamic’ model of global corporate tax governance that explains both the evolutionary adjustments of the past decade and the potentially revolutionary character of the 2021 agreement. This model provides a coherent account of how crises trigger delegation to technical experts, how transnational epistemic communities construct new norms, and how bargaining among major powers and domestic political constraints determine the scope of implementation. This monograph stands out for offering not merely a historical record but an explanatory framework that will inform future scholarship on international economic law and multilateral governance.”
-Julien Chaisse, Professor & RGC Senior Research Fellow, School of Law, City University of Hong Kong
“The 2021 Agreement on Global Corporate Tax was unambiguously a milestone in the ongoing fight against tax havens and all ensuing negative external effects. The author has managed to put together an authoritative account of the workings of this remarkable achievement, the process that led to it, and its consequences. It is a must read volume for academics and practitioners alike.”
- Petros C Mavroidis, Edwin B. Parker Professor of Foreign & Comparative Law, Columbia Law School
ISBN: 9781032818948
Dimensions: unknown
Weight: unknown
276 pages