Quotation Owens, Jeffrey, Tavares, Romero J.S. 2018. Global Value Chain Policy Series: Taxation. World Economic Forum, ,




This paper highlights the disconnect between the modern global economy and an outdated international tax framework and provides some suggestions for how tax policy could better promote sustainable and inclusive global value chains (GVCs). The authors explain that, in theory, MNEs have a greater ability to avoid taxation on their residual profits in the context of GVCs, or even to deflate source-country profits while inflating GVC-produced residual profits. However, there is a risk that uncoordinated and unilateral over-implementation of anti-Base Erosion Profit Shifting (BEPS) measures could be detrimental to the operation of GVCs. Consistency and cooperation are required. This paper is part of the Global Value Chain Policy Series.


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  • GVCs
  • BEPS
  • global value chains
  • international tax framework
  • global economy
  • tax policy

Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal World Economic Forum
Language English
Title Global Value Chain Policy Series: Taxation
Year 2018
URL https://www.weforum.org/whitepapers/global-value-chain-policy-series-taxation-7a4ffe48-5bef-4526-8a69-f5e42dac54ae
DOI n.a.
Open Access N


Owens, Jeffrey (Details)
Tavares, Romero J.S. (Former researcher)
Research areas (Ă–STAT Classification 'Statistik Austria')
5206 Financial law (Details)
5349 Business taxation (Details)
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