From the Digital Levy to the Taxation of Multinationals: Joe Biden's Tax Revolution
The Organisation for Economic Co-operation and Development (OECD) is conducting important negotiations this spring to reform international taxation.
• These reforms aim to:
- allow the taxation of the most profitable companies, including digital ones, where they make their profits, and not in the tax havens where their headquarters are located (pillar 1);
- establish a minimum tax rate for companies at the international level to put an end to tax evasion (pillar 2).
• Indeed, on the first hand, economists now reject the idea that lower taxes are a factor of prosperity. On the other hand, public opinion and governments are demanding more tax justice for ethical reasons (social inequalities).
• In the United States, the Biden administration has initiated an ambitious tax reform project, the Made in America Tax Plan. His recent proposals within the OECD framework also seem to be well received by European governments.
This content is available in French : De la taxe numérique à l'imposition des multinationales : la révolution fiscale de Joe Biden
Author(s)
Laurence NARDON
Research Fellow, Head of the Americas Program, Ifri
Related centers and programs
Discover our other research centers and programs
Turkey/Middle East Program
Ifri's Turkey/Middle East Program aims to provide expertise on the trends and developments in politics, societies and economies across the region.
The programme has the following objectives:
- Proposing a new approach towards the MENA region through an analysis of local, regional, and international dynamics with the potential to guide and influence new policies.
- Highlighting the role of foreign powers which have traditionally been present in the region and analyzing the new role taken on by emerging countries ;
- Anticipating new directions and outlooks in each country.
- Interpreting risks and potentials and putting forward new templates for analysis.
The programme has built a dense network of researchers and experts who provide expertise on the MENA region and working together on a range of crosscutting themes.
Find out more
Discover all our analyses
Russia, the Palestinians and Gaza: Adjustments after October 7th
The Soviet Union (USSR), and subsequently the Russian Federation as its internationally recognized legal successor, has consistently sought to play a visible role in efforts to resolve the Israeli-Palestinian conflict.
Canada’s Recognition of a Palestinian State: What Consequences on its Foreign Policy Toward Palestine?
On September 21, 2025, Canada became the 148th of 157 countries to recognize Palestine as a state. It did this with the United Kingdom (UK) and Australia, defying the United States (US) and Israeli opposition.
How to Jumpstart Economic Recovery in Syria? The role of syrian entrepreneurs in Turkey
This report examines the potential role of Syrian-partnered companies operating in Türkiye in supporting economic recovery and reconstruction efforts in Syria. Based on data collected through field research and surveys conducted by the Economic Policy Research Foundation of Türkiye (TEPAV), the report provides an overview of the business characteristics, sectoral distribution, and cross-border economic activities of Syrian entrepreneurs. The report explores how this business activity could contribute to restoring supply chains, stimulating local production, and generating employment.
Indonesia and the Palestinian Cause
During his inaugural presidential speech on October 20, 2024, Indonesia’s incumbent president, Prabowo Subianto, iterated certain principles central to the philosophical foundation of the Indonesian nation. He noted Indonesia’s longstanding foreign policy of non-alignment or “bebas dan aktif” (free and active) and its aversion to military pacts.