Rasmus Corlin Christensen
@phdskat.org
Associate Professor @ Copenhagen Business School | International political economy, international tax, global governance, professionals.
🌐 phdskat.org
🌐 phdskat.org
Given the prospect of a US assault, this could be important for limiting the risk of huge, open controversy. Indeed while Trump has withdrawn from multilateralism everywhere, his staff still engage at the OECD. Just like they did during his first term.
Will institutions matter here? We'll know soon
Will institutions matter here? We'll know soon
US engaging on OECD global tax deal despite Donald Trump’s defiance
Landmark agreement to reform corporate tax for tech and multinationals is struggling to move forward
www.ft.com
November 10, 2025 at 7:17 PM
Given the prospect of a US assault, this could be important for limiting the risk of huge, open controversy. Indeed while Trump has withdrawn from multilateralism everywhere, his staff still engage at the OECD. Just like they did during his first term.
Will institutions matter here? We'll know soon
Will institutions matter here? We'll know soon
However, what is different at the OECD (Inclusive Framework), is that there are no public plenary negotiations or votes. Everything is negotiated and agreed - by "consensus" - in private, first by technical delegates far removed from political frontlines. The power structure is different, too.
Seeing Like the OECD on Tax
Scott's account of state-making is premised on the ‘legibility’ of society, facilitating administration by replacing idiosyncratic and particularistic local arrangements with a uniform bureaucrati...
doi.org
November 10, 2025 at 7:17 PM
However, what is different at the OECD (Inclusive Framework), is that there are no public plenary negotiations or votes. Everything is negotiated and agreed - by "consensus" - in private, first by technical delegates far removed from political frontlines. The power structure is different, too.
Like the International Maritime Organization, where Marco Rubio & friends ran roughshod over norms and procedures, the OECD is a highly technical organization, with strong insider norms, it's tax policy-making historically isolated from popular politics. They do not fare well under these conditions.
The new politics of global tax governance: taking stock a decade after the financial crisis
The financial crisis of 2007–2009 is now broadly recognised as a once-in-a-generation inflection point in the history of global economic governance. It has also prompted a reconsideration of establ...
doi.org
November 10, 2025 at 7:17 PM
Like the International Maritime Organization, where Marco Rubio & friends ran roughshod over norms and procedures, the OECD is a highly technical organization, with strong insider norms, it's tax policy-making historically isolated from popular politics. They do not fare well under these conditions.
Work is ongoing at the OECD right now to assuage US concerns before year-end, in line with the much-publicised G7 tax "deal" from June (home.treasury.gov/news/press-r...).
Yet it's abundantly clear that fault lines remain, and US preferences will be heavily contested:
Yet it's abundantly clear that fault lines remain, and US preferences will be heavily contested:
OECD’s ‘Side-by-Side’ Tax Deal for US Critiqued by 28 Countries
More than two dozen countries criticized a system that would exempt American multinational companies from key parts of the global minimum tax, saying it would risk undermining the tax’s effectiveness,...
news.bloombergtax.com
November 10, 2025 at 7:17 PM
Work is ongoing at the OECD right now to assuage US concerns before year-end, in line with the much-publicised G7 tax "deal" from June (home.treasury.gov/news/press-r...).
Yet it's abundantly clear that fault lines remain, and US preferences will be heavily contested:
Yet it's abundantly clear that fault lines remain, and US preferences will be heavily contested:
Recall, US economic coercion - during the Biden administration - of tax havens and laggards (e.g. Orban) played a critical role in securing the agreement in the first place, incl. implementation at the EU level.
If Biden used US muscle here, it's clear that Trump is willing to go above and beyond.
If Biden used US muscle here, it's clear that Trump is willing to go above and beyond.
Forced exit from the joint-decision trap: US power and the harmonisation of company taxation in the EU
EU member states have traditionally opposed the harmonisation of company taxation to preserve national sovereignty over a core state power. Accordingly, legislation and case law were marked by nega...
doi.org
November 10, 2025 at 7:17 PM
Recall, US economic coercion - during the Biden administration - of tax havens and laggards (e.g. Orban) played a critical role in securing the agreement in the first place, incl. implementation at the EU level.
If Biden used US muscle here, it's clear that Trump is willing to go above and beyond.
If Biden used US muscle here, it's clear that Trump is willing to go above and beyond.
Stellar list. Cat has strong taste.
November 7, 2025 at 6:04 PM
Stellar list. Cat has strong taste.
"Things are becoming tighter in Liechtenstein. This sweeping approach means we just can’t have any Russian clients anymore — even if they are not listed or designated persons,” said one of the lawyers. “This is becoming a global problem.”
Bingo.
Bingo.
Liechtenstein’s ‘zombie trust’ woes spread to Caribbean
Service providers in British Virgin Islands, Bahamas and Cayman Islands warn of unpaid fees and stranded assets
www.ft.com
November 4, 2025 at 10:10 AM
"Things are becoming tighter in Liechtenstein. This sweeping approach means we just can’t have any Russian clients anymore — even if they are not listed or designated persons,” said one of the lawyers. “This is becoming a global problem.”
Bingo.
Bingo.
This is exactly the type of approach I set out here, exploiting the network power of offshore structures to effectively crack down - in this case on Russian oligarchs and elites.
Harnessing network power: Weaponised interdependence in global tax policy
For decades, global tax policy has grappled with the challenge of mobile capital, failing to harness the regulatory potential of network power. This oversight has allowed tax havens to flourish, and ....
doi.org
November 4, 2025 at 10:10 AM
This is exactly the type of approach I set out here, exploiting the network power of offshore structures to effectively crack down - in this case on Russian oligarchs and elites.