In a recent webinar, Professor Leopoldo Parada and I discussed the impact of Pillar 2 as a supranational project for Latin American countries. We touched on the history of so-called “global” tax policy initiatives and how they have set the agenda for developing jurisdictions in the last couple of decades. What we are witnessing right now with the UN is a degree of pushback, a counterforce that shows dissatisfaction with how taxing rights are exercised by some to the detriment of many.
This notion of inter-nation equity is at the heart of Professor Ivan Ozai’s recent article titled “Beyond Economic Allegiance”, published in Volume 75, Number 4, of the University of Toronto Law Journal. This month’s LATPF Report is my review of his piece.