Global Tax Sense and SensibilityPrinter Friendly Version
How should multinationals be taxed? Are they being taxed enough? At the 19th annual David R. Tillinghast Lecture on International Taxation last October, Manal Corwin, head of international corporate services and principal-in-charge of international tax policy at KPMG, illuminated two approaches to the questions. She contrasted the measured and longstanding policy debate about the adequacy of current international tax rules and standards to protect the tax base of taxing jurisdictions and the highly politicized mainstream public debate of more recent vintage focused on tax morality and whether multinationals are paying their fair share.