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An Assessment of Global Formula Apportionment
IMF Working Papers
Formula apportionment as a way to attribute taxable profits of multinationals across jurisdictions is receiving increased attention. This paper reviews existing literature and discusses experiences in selective federal states to evaluate the economic properties of formula apportionment relative to the current international tax regime that is based on separate accounting. It highlights major advantages, such as the elimination of profit shifting within multinational groups; and it discusses newdoi:10.5089/9781513516257.001 fatcat:vqfdedb5jvbw7ba54alqbgv3ai