Countries Could Raise $500BN a Year Under New Global Corporate Tax Rules

New research shows countries could collect an extra $500 billion in corporate tax annually by taxing multinationals where they operate, shifting from the century‑old ‘pay‑where‑you‑say’ model to ‘pay‑where‑you‑play.’ (Credit: creativeart/Magnific)

Countries could collect an extra $500 billion in corporate tax every year without raising a single tax rate, according to new research published as UN negotiators resume talks in New York.

The findings come from a joint study by global union federation Public Services International and the Tax Justice Network, released to coincide with the fifth round of negotiations on a UN tax convention.