Tarcísio Diniz Magalhães (Antwerp; Google Scholar) & Allison Christians (McGill; Google Scholar), World Tax Reform and Legendary Worldwide Legislation:

Over the previous a number of years, governments around the globe have been debating learn how to design coordinated minimal taxes on massive multinationals in a bid to finish race-to-the-bottom international tax competitors. The plans thus far have been complicated and complicated, however in just about all respects the evolution of concepts has adopted well-worn practices and approaches in tax and company legislation. Nonetheless, outspoken critics have emerged with arguments towards change which can be grounded in summary and sometimes ill-defined worldwide legislation ideas—successfully, a mythology of basic and/or customary norms meant to forestall ahead momentum and forged doubt on the elemental workability of worldwide tax reform because it has been collaboratively developed thus far. This Article examines the myths of worldwide tax legislation and demonstrates that every purported obstacle is both conceptually under-theorized or exaggerated in authorized influence or each.