Article in Journal

The Revenue Effect of a Global Effective Minimum Tax

Clemens Fuest, Florian Neumeier
CESifo, Munich, 2022

EconPol Forum 23 (6), 33-37
  • We estimate the fiscal effect of a global effective minimum tax for Germany, the EU27, and the world
  • Our results indicate that Germany and – on aggregate – the EU27 would benefit fiscally from a global effective minimum tax
  • However, the size of the additional tax revenue depends on the design of the carve-out rule and the extent of behavioral adjustments on the side of multinational companies and low-tax countries