国际公司税收的六个经济事实（英）

Wendy Edelberg, Chye-Ching Huang, and Rose JenkinsECONOMIC FACTS | JUNE 2022Six Economic Facts on International Corporate TaxationWWW.HAMILTONPROJECT.ORGTheTa x Law CenterNYULAW THE HAMILTON PROJECT MISSION STATEMENTThe Hamilton Project seeks to advance America’s promise of opportunity, prosperity, and growth.We believe that today’s increasingly competitive global economy demands public policy ideas commensurate with the challenges of the 21st Century. The Project’s economic strategy reflects a judgment that long-term prosperity is best achieved by fostering economic growth and broad participation in that growth, by enhancing individual economic security, and by embracing a role for effective government in making needed public investments.Our strategy calls for combining public investment, a secure social safety net, and fiscal discipline. In that framework, the Project puts forward innovative proposals from leading economic thinkers—based on credible evidence and experience, not ideology or doctrine—to introduce new and effective policy options into the national debate.The Project is named after Alexander Hamilton, the nation’s first Treasury Secretary, who laid the foundation for the modern American economy. Hamilton stood for sound fiscal policy, believed that broad-based opportunity for advancement would drive American economic growth, and recognized that “prudent aids and encouragements on the part of government” are necessary to enhance and guide market forces. The guiding principles of the Project remain consistent with these views.THE TAX LAW CENTER AT NYU LAW MISSION STATEMENTThe Tax Law Center at NYU Law seeks to protect and strengthen the tax system through rigorous, high-impact legal work in the public interest. The Tax Law Center brings a public interest perspective and strong legal expertise to work that seeks to:• Provide rigorous legal input into significant tax law and administrative decisions; • Engage and amplify the work of tax experts;• Ensure strategic and consistent engagement on tax issues; • Improve the processes and structures of tax law and policymaking; and• Demystify complex but important tax law decisions.ACKNOWLEDGMENTSThe authors are grateful to Lauren Bauer, Patrick Driessen, Jason Furman, and William Gale for their insightful comments. Kathleen Bryant, Sara Estep, and Natalie Tomeh provided excellent research assistance. Lastly, the authors would like to thank Jeanine Rees for all of her help with the graphic design and layout of this piece.TheTa x Law CenterNYULAW TheTa x Law CenterNYULAWJune 2022Six Economic Facts on International Corporate TaxationWendy EdelbergThe Hamilton Project and Economic Studies, The Brookings InstitutionChye-Ching HuangThe Tax Law Center at NYU LawRose JenkinsThe Tax Law Center at NYU Law ContentsIntroduction .............................................................................................................................................1Current Law .............................................................................................................................................1Reform Proposals ....................................................................................................................................1The Mutually Supportive Nature of the Proposals ................................................................................2Facts1. US multinationals paid an effective worldwide cash tax rate of 8.8 percent in 2018 ......................32. US multinationals still shift profits into lower-tax countries .............................................................43. US multinationals can use the variation in tax rates across countries to lower their tax liability .................................................................................................................................................54. Competition between countries has created a race to the bottom in corporate taxes ...................65. Corporate tax revenues in the United States are at very low levels, internationally and historically .................................................................................................................................................76. A failure for the United States to engage in the coordinated multilateral tax reform creates risks ...............................................................................................................................................8Endnotes ...................................................................................................................................................9References ..............................................................................................................................................10 Six Economic Facts on International Corporate Taxation 1IntroductionIn The Hamilton Project book Tackling the Tax Code: Ef-ficient and Equitable Ways to Raise Revenue