It’s “fair” only in that it’s understandable and somewhat enforcacble (and not possible to avoid with loopholes).
It’s not fair in the sense that the right countries necessarily get the tax money - but it’s certainly more likely than it is today.
It’s not fair in that it guarantees businesses aren’t taxed too much or too little, but it does guarantee that the profits are taxed somewhere which ends the incentive to shift the profits around.
Perhaps “fair” is the wrong word. I mean “fair” as in hard to evade overall, not fair distribution.
It’s not fair in the sense that the right countries necessarily get the tax money - but it’s certainly more likely than it is today.
It’s not fair in that it guarantees businesses aren’t taxed too much or too little, but it does guarantee that the profits are taxed somewhere which ends the incentive to shift the profits around.
Perhaps “fair” is the wrong word. I mean “fair” as in hard to evade overall, not fair distribution.