📌 A 𝗱𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗺𝗶𝗻𝗶𝗺𝘂𝗺 𝘁𝗮𝘅 of 15% on the top 1% of firms could raise 14% more corporate tax revenue on average. By contrast, a global minimum tax would raise only a quarter of that amount due to generous carve-outs and fewer firms in scope. (n/n)

📌 In every country studied, more than 25% of the largest firms pay less than 15% in effective taxes—even though statutory rates are higher. (3/n)

📌 Effective tax rates follow a hump-shaped pattern—small and very large firms pay lower effective tax rates, while 𝗺𝗶𝗱-𝘀𝗶𝘇𝗲𝗱 𝗳𝗶𝗿𝗺𝘀 𝗯𝗲𝗮𝗿 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗯𝘂𝗿𝗱𝗲𝗻. (2/n)