A paper by Research Fellow Naoki Oka is featured in the April 2021 issue of Public Policy Review, a research journal published by the Policy Research Institute of Japan’s Ministry of Finance. The theme of the issue is the “Digital Economy and New Trends in Taxation.”

“Fight against Tax Havens and International Tax Law: New Taxing Right and a Global Minimum Tax” notes that global corporate tax revenue is vanishing due to the shifting of profits to tax havens. Pointing to the package of solutions worked out by the international community in January 2020 calling for the taxation of consolidated group income and a global minimum tax for multinational enterprises, Oka examines the package’s meaning under international taxation law and ponders whether it will be effective in restraining “a race to the bottom.”

“Fight against Tax Havens and International Tax Law: New Taxing Right and a Global Minimum Tax”
https://www.mof.go.jp/english/pri/publication/pp_review/ppr17_01_04.pdf

Profile of Research Fellow Naoki Oka
https://www.tkfd.or.jp/en/experts/detail.php?id=41