Monday 18 March 2013 at 09:15
Oxford University Centre for Business Taxation
Taxing multinationals: the international allocation of the tax base
Speaker: Professor Michael Devereux, Director, Oxford University Centre for Business Taxation ;Pascal Saint-Amans Director, Centre for Tax Policy and Administration, OECD;Philip Kermode,Director, Directorate-General for Taxation and Customs Union, European Commission ; Michael Lennard ,Chief of International Tax Cooperation and Trade, United Nations ;Professor Kai Konrad Director, Max Planck Institute for Tax Law and Public Finance, Munich ;Professor Wolfgang Schön Managing Director, Max Planck Institute for Tax Law and Public Finance, Munich ;Professor Ilan Benshalom Faculty of Law, Hebrew University of Jerusalem ,Professor Judith Freedman Professor of Tax Law, Oxford University;Professor Michael GraetzColumbia Alumni Professor of Tax Law, Wilbur H. Friedman Professor of Tax Law, Columbia Law School ;Philip Baker QC Gray’s Inn Tax Chambers ;,Will MorrisDirector, Global Tax Policy, GE ;Michel Aujean, Partner-in-Charge, Corporate Taxation Think Tank; Taj John Bartlett, Group Head of Tax, BP plc ;Søren Bo Nielsen, Professor of Economics, Copenhagen Business School; Steve Edge, Corporate Tax Partner, Slaughter and May Mike Lewis, Policy Adviser, ActionAid
Venue: Said Business School
How national governments can, and should, tax the profits of multinational companies has become a topic that has moved strikingly up the political agenda recently. On the one hand, there have been vociferous complaints from activists and politicians that multinational companies have not been paying a fair share of taxes; this view has been particularly marked at a time of austerity in many countries. On the other, tax competition continues unabated, with many countries, including the UK, reforming their corporation taxes to attract business.
The topic is not new, but there is a lack of consensus on the way forward. Is the basic approach of the OECD Model Tax Convention valid, though in need of reform? Does that model yield a fair allocation of tax revenue between countries? Indeed, is there any conceptual foundation for that approach? Would any other approaches lead to better outcomes, and are they feasible? And if so, is there any prospect of an internationally coordinated shift in the basic paradigm that has served for many decades? If not, what does the future hold: will we still be attempting to tax the profit of multinational companies in the coming decades?
For more information please see the event website or contact: Clare Ruthven-Stuart
Interested in this subject? View our Taxation page.
Organised by Oxford University Centre for Business Taxation in conjunction with Max Planck Institute for Tax Law and Public Finance, Munich
