Justice Demands Valiant International Taxation Reform

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Sezione

Open Access

Title

Justice Demands Valiant International Taxation Reform

Author

Juan Manuel Jauregui

Publisher

Vita e Pensiero

Format

Article |

Pdf

Online da

05-2022

Doi

10.26350/000518_000086

Issn

0035-676X (print) | 1827-7918 (digital)

Download

Ebook format Pdf readable on these devices:

Computer
with Software:
- Adobe PDF Reader
Android
iPhone/Ipad
with App:
- Adobe PDF Reader
E-Book Reader
Ibs Tolino
Kobo

Description

In The Economy of Francesco, Pope Francis calls for just economic relations. On many previous occasions, the Holy See has also spoken against tax evasion. This article supports this call and provides background information on the high level of tax evasion that benefits from profit shifting, tax havens and other weaknesses in the current international taxation architecture. Based on the work and proposals of the Holy See, as well as international financial organizations such as the Organization for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF), the article reviews some of the problems and current solutions being analysed by international policymakers and the governments of leading nations. It also advocates for valiant leadership that levies taxes at the national level on flows related to phantom FDI and on digital transactions, as these effectively reduce evasion and catalyse international cooperation.