@misc{9217633,
  abstract     = {{Globalization and the increasing mobility of capital have historically altered the conditions for national tax policy. In an integrated global economy where multinational enterprises can strategically allocate profits and functions, states have been driven into intense tax competition, often characterized as a "race to the bottom”. To restore fiscal control, the OECD, has introduced the GloBE rules. This reform establishes a minimum corporate tax rate of 15 percent and introduces a coordinated mechanism to ensure this level of taxation regardless of where profits are booked.

This thesis analyzes how the implementation of GloBE reshapes the concept of state tax sovereignty, with a particular focus on the implications for developing countries. The study demonstrates that the rules fundamentally change the strategic landscape through a coercive collection logic: if a host state fails to tax up to the minimum level, the taxing right automatically shifts to other jurisdictions.

For developing nations, this implies a significant constriction of the policy space historically used to attract foreign investment. Traditional incentives, such as tax holidays and reduced rates, are effectively neutralized, as the tax relief intended for the investor is converted into tax revenue for another state. The analysis highlights a fundamental tension between formal and material sovereignty. While states retain the de jure right to design their tax systems, their de facto capacity to use tax policy as an effective instrument for steering investment is eroded.

The conclusion is that the reform, despite its aim to establish a level playing field, risks generating asymmetric effects. As the scope for price competition via tax rates is limited, competition shifts toward financial subsidies and direct grants, where advanced economies possess an advantage. Consequently, GloBE does not represent a symmetrical restoration of sovereignty.}},
  author       = {{Gulen, Bahadir}},
  language     = {{swe}},
  note         = {{Student Paper}},
  title        = {{Global minimibeskattning och skattesuveränitet - GloBE-reglernas betydelse för skattekonkurrens och utvecklingsländers handlingsutrymme}},
  year         = {{2025}},
}