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English
Cambridge University Press
03 July 2025
The International Tax Revolution offers the first comprehensive analysis of the profound changes in international taxation over the past decade, culminating in the landmark October 2021 agreement by over 140 countries to implement a global corporate minimum tax and modify profit allocation and nexus rules for the digital economy. The book provides a historical narrative of how the original International Tax Regime (ITR) crumbled under the pressures of globalization and tax competition between 1980 and 2008, and how the financial crisis of 2008-2010 and subsequent cuts to social welfare programs spurred governments to adopt new approaches to taxing multinational corporations. Chapters explore the impact of globalization and tax competition on countries' ability to provide a social safety net for their citizens, and outline how the world has come together to limit such competition, modify the outdated rules, and promote greater equity in the global tax system.
By:   ,
Imprint:   Cambridge University Press
Country of Publication:   United Kingdom
Dimensions:   Height: 229mm,  Width: 152mm,  Spine: 18mm
Weight:   567g
ISBN:   9781009331845
ISBN 10:   1009331841
Series:   Cambridge Tax Law Series
Pages:   280
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Hardback
Publisher's Status:   Active
Introduction: the international tax revolution, 2008–2023; 1. The ancien régime, 1923–1979; 2. The decline of the ancien régime, 1980–2008; 3. The beginnings of the new regime, 2008–2010; 4. The early revolution and its limits, 2010–2015; 5. The new regime and the digital economy, 2016–2023; 6. The new regime and the global tax, 2016–2023; 7. The future of the new regime; 8. Evolution or revolution?.

Reuven S. Avi-Yonah is the Irwin I. Cohn Professor of Law and director of the International Tax LL.M. Program at the University of Michigan. He specializes in corporate and international taxation. Young Ran (Christine) Kim is a Professor of Law at Benjamin N. Cardozo School of Law. Her research focuses on international tax, business tax, and taxation in the digital economy.

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