BRICs and the Emergence of International Tax Coordination

Book overview

This book analyzes how changes in economic powers influence the evolution of the international tax regime and impact tax treaties aligned with the OECD Model.

Key themes and topics

Since the beginning of the millennium, BRICS nations have garnered considerable attention. This book examines the shift in global economic power, focusing on the transition from historically dominant nations within the OECD, particularly the G7, to emerging economies that may be spearheaded by the BRICS. As the structure of global economic power evolves, international taxation is also undergoing significant changes. The international tax framework, which has been historically influenced by the wealthiest nations during the latter half of the 20th century, is being reassessed in the ongoing developments of the 21st century. Emerging economies, both within and outside the OECD, are asserting their influence and actively shaping the international tax agenda.

Drawing on the OECD Model, this book examines how these power shifts influence the development of the international tax system as a whole, particularly tax treaties. This examination involves various perspectives, including substantive tax details, institutional factors, and political implications. A distinguished group of experts has contributed to this innovative discussion, focusing on, but not limited to, the BRICS nations. They adopt an independent, scholarly, and pragmatic approach to evaluating the diverse options available to the BRICS and other emerging economies as they seek a meaningful role in influencing the international tax framework. The potential for collaboration among BRICS and similar countries is central to this discourse, analyzed both in its individual context and as a significant factor in fostering international tax cooperation in the wider landscape