Friday, July 15, 2022
Penn-Wharton Hosts Virtual Discussion Today On Minimum Corporate Income Taxes
Penn-Wharton hosts a virtual discussion on Minimum Corporate Income Taxes today at 12:00 p.m. - 1:00 p.m. EDT (registration):
Minimum corporate income taxes are currently being debated as a way to generate tax revenue while preventing highly profitable companies from using tax loopholes to reduce their tax bills. In particular, a minimum tax based on income that corporations report on financial statements has been included in both the House and Senate versions of Build Back Better. Minimum taxes, such as a minimum tax on multinational corporations, are also being considered as part of tax changes codified in international agreements. Questions that will be addressed in this webinar include: Are minimum corporate income taxes efficient in general? What are the challenges with different approaches to imposing a minimum tax, both domestically and internationally? What are potential minimum tax alternatives that do not use financial statement income but can raise similar levels of revenue?
- Alan Auerbach (UC-Berkeley; Google Scholar)
- Michelle Hanlon (MIT; Google Scholar)
- Kent Smetters (Penn-Wharton) (moderator)