Institute on Taxation and Economic Policy

Global Minimum Tax

blog  

America Has Left the Building: U.S. Loses from Our Global Tax Policy Choices, Others Could Gain

May 5, 2025 • By Amy Hanauer

Countries that once looked to the U.S. for direction on tax policy have concluded they need to form alliances without us. If so, it will often be to the benefit of other people around the globe and to the deficit of U.S. communities.

blog  

Congressional Republicans Distort a New Report on the Global Minimum Tax

June 22, 2023 • By Steve Wamhoff

The notion that we are better off allowing our corporations to pretend their profits are earned in the Cayman Islands or Ireland simply defies logic and the facts. There is no scenario in which the U.S. would be better by ditching the international agreement that the government already negotiated. 

blog  

The European Union Moves Forward on Global Minimum Tax. Time for the U.S. to Follow.

December 21, 2022 • By Joe Hughes

The European Union has reached unanimous agreement to implement a global minimum tax beginning in 2024. With the EU and UK fully on board, it's time for Congress to follow suit and implement the plan negotiated by the Biden administration. Doing so would improve the corporate tax system here and around the world while making the United States economy stronger and more competitive.