includes bibliographical references and index

Foreword -- Preface -- Part I Introduction and Background/ Mr. Shafik Hebous -- Part II Problems with the Current International Tax Architecture/Aqib Aslam and Ms. Alpa Shah -- Part III Potential Solutions/Mr. Christophe J Waerzeggers, Mr. Cory Hillier, and Mr. Irving Aw

"The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitalization have created fundamental problems, not foreseen at its inception. These include tax competition—as governments try to attract tax bases through low tax rates or incentives, and profit shifting, as companies avoid tax by reporting profits in jurisdictions with lower tax rates. The book then discusses solutions, including both evolutionary changes to the current system and fundamental reform options. It covers both reform efforts already under way, for example under the Inclusive Framework at the OECD, and potential radical reform ideas developed by academics." (IMF page)