Global corporate tax: OECD targets more than 200 billion revenue per year

The introduction of a global minimum tax on companies should generate 220 billion dollars (202 billion euros) in additional tax revenue each year for states around the world, according to the latest OECD estimate published on Wednesday.

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This tax windfall represents "

," says the Organization for Economic Co-operation and Development (OECD) in a press release.

"

" from the global minimum tax of 15% on corporate profits, "

" dollars.

The upward revision of expected revenues is explained in particular by “

”, writes the OECD.

The global minimum tax on corporate profits is the result of an agreement sealed in 2021 by nearly 140 countries under the aegis of the OECD.

At the end of 2022, after several adventures, the leaders of the 27 member countries of the European Union approved its transposition into European law.

But the global minimum tax is only part, called pillar 2, of the OECD agreement.

Pillar 1, which provides for the taxation of companies where they make their profits to put an end to certain tax avoidance practices, is aimed in particular at digital giants.

It "

" dollars, an estimate there too "

", underlines the OECD.

Read alsoTax revenues in OECD countries up sharply in 2021

But to benefit from this surplus tax revenue linked to the first pillar, the States must first sign an international agreement, which has not yet been finalized.

"

" materialize, underlined the secretary-general of the OECD Mathias Cormann, quoted in the press release.