By john 
For years, multinational corporations have exploited loopholes to shift profits into tax havens, depriving governments of trillions in revenue. Now, a global effort led by the OECD and G20 aims to rewrite the rules of international Naga169 agen resmi slot777 taxation — but consensus remains elusive.
The landmark “Two-Pillar” framework, introduced in 2021, sought to establish a minimum global corporate tax rate of 15% and redistribute profits from digital giants to the countries where they operate. While more than 140 nations have endorsed the idea, implementation has lagged due to political resistance and differing national interests.
The United States, home to major tech firms, has yet to fully ratify the deal amid congressional opposition. Developing nations argue that the plan disproportionately benefits rich economies, offering little relief to countries most dependent on corporate taxes.
Meanwhile, tax havens such as Ireland, the Cayman Islands, and Singapore continue to attract investment through low rates and opaque regulations. According to the IMF, an estimated $600 billion in corporate profits is still shifted offshore annually.
Supporters of reform say the initiative could restore fiscal justice and fund public services strained by inequality and climate change. Critics, however, warn that enforcement without uniform legislation will prove nearly impossible.
The OECD insists progress is being made, with 2026 set as a new target for implementation. Yet as economic nationalism rises, experts fear governments may retreat into protectionism rather than cooperation.
The outcome will determine whether globalization evolves toward fairness — or remains tilted in favor of the powerful few.