Nowadays, there is intense competition among countries to create attractive conditions for multinational corporations. Corporate taxation—specifically, the lowering of corporate taxes—is one of the tools used by states to attract these organizations. As a result, states must strike a balance between cutting taxes for multinationals and reconfiguring the fiscal pressure on their taxpayers. In this video, Javier de Cendra, Dean of IE Law School, and Pablo Alarcón, Academic Director of the Master in Global Taxation at IE Law School and Founding Partner at Alarcón Espinosa Abogados, reflect on how the financial crisis and the emergence of the new digital economy have combined to create a new context. Alarcón also discusses the impact of globalization and technology on the taxation of large multinationals.
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