Taxing Multinational Business in Lower-Income Countries: Economics, Politics and Social Responsibility

The world's lower-income countries face an urgent need for public revenue to build social and economic infrastructure. These countries, however, face a dilemma in seeking to tax the income of multinational companies operating within their borders. On the one hand, because lower-income countries face substantial limitations on their ability to raise revenue from broad-based taxes like personal income tax and value added tax, corporate taxes represent a large potential source of additional re...