Global Value Chain Policy Series: Taxation

Jeffrey Owens, Romero J.S. Tavares

Publikation: Wissenschaftliche FachzeitschriftOriginalbeitrag in Fachzeitschrift


This paper highlights the disconnect between the modern global economy and an outdated international tax framework and provides some suggestions for how tax policy could better promote sustainable and inclusive global value chains (GVCs).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.
FachzeitschriftWorld Economic Forum
PublikationsstatusVeröffentlicht - 2018

Österreichische Systematik der Wissenschaftszweige (ÖFOS)

  • 505004 Finanzrecht
  • 502038 Steuerlehre


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