@article{2022:fu:tax_challe,
title = {Tax Challenges of a Digitalizing Europe – A Comparative Analysis of the Multilateral Two-Pillar Solution with the European Commission’s Proposals},
year = {2022},
note = {The challenge of adapting the customary international corporate tax
system to the digitalising economy persists as a transnational issue
affecting multiple States globally. In resolving such a transnational
issue in corporate taxation, it might have seemed an opportune moment
for the European Union (EU) to apply its approach towards
supranational governance or the Monnet method. Yet, despite the
European Commission advancing three solutions, two Interim and one
Comprehensive, to confront the corporate tax challenges of the
digitalising economy, the Monet Method revealed its limits, with the
proposals failing to attain unanimity among EU Member States.
Simultaneously, such proposals have drawn severe academic and
political criticism for their protectionism. Instead, with the
parallel conclusion of a multilateral Two-Pillar Solution, the
Commission has since withdrawn its unilateral proposals and pledged
its support towards implementing the Two-Pillar Solution. The focus of
this article shall thus be to ultimately draw a comparative analysis
of the Two-Pillar Solution with the Commission’s proposals while
exploring how the former has since made some improvements upon the
latter in tackling the corporate tax challenges of the digitalising
economy. Further opinions on the Two-Pillar Solution’s design flaws
and appropriate alternative solutions will also be briefly provided
within this article.},
journal = {ZEuS Zeitschrift für Europarechtliche Studien},
pages = {651--686},
author = {Fu, Shaun},
volume = {25},
number = {3}
}