Webinar took place on Friday, July 15, 12:00-1:00 pm EDT.

Watch a recording of the webinar.

After registering, you will receive a Zoom link for the session. Please note that attendance is limited, so seats will be awarded on a first-come, first-served basis.

Description

Minimum corporate income taxes are currently being debated as a way to generate tax revenue while preventing highly profitable companies from using tax loopholes to reduce their tax bills. In particular, a minimum tax based on income that corporations report on financial statements has been included in both the House and Senate versions of Build Back Better. Minimum taxes, such as a minimum tax on multinational corporations, are also being considered as part of tax changes codified in international agreements. Questions that will be addressed in this webinar include: Are minimum corporate income taxes efficient in general? What are the challenges with different approaches to imposing a minimum tax, both domestically and internationally? What are potential minimum tax alternatives that do not use financial statement income but can raise similar levels of revenue?

More about the Panelists:

• Alan Auerbach, Robert D. Burch Professor of Economics and Law and Director, Burch Center for Tax Policy and Public Finance at University of California-Berkeley.

• Michelle Hanlon, Howard W. Johnson Professor and Professor of Accounting at MIT Sloan School of Management.

• Moderator Kent Smetters, Boettner Chair Professor of Business Economics and Public Policy and Director of the Penn Wharton Budget Model at the Wharton School of the University of Pennsylvania.