Global Minimum Wealth Tax and International Tax Governance
DOI:
https://doi.org/10.54097/j62mvk40Keywords:
Global Minimum Wealth Tax, Unequal Distribution, International Tax RulesAbstract
At the G20 meeting in Brazil on November 18 and 19, 2024, it called for the imposition of a global minimum wealth tax on the world's rich, which is used to solve various problems facing the world, especially the problems of globalization such as environmental damage, disease and poverty. Due to the high concentration and unequal distribution of global wealth, and the serious tax evasion of global billionaires, levying the global minimum wealth tax on billionaires is one of the effective ways to solve such problems. This process needs the full support of countries and international organizations around the world. As a large global economy, China is facing the establishment of the global minimum wealth tax system. China needs to actively participate in the formulation and improvement of international tax rules and standards to promote the reform of the global tax system.
Downloads
References
[1] Yang Xiaoliang, Zhang Kezhong. Global inequality and Tax Governance [J]. financial market research, 2024, (06):55-71.
[2] Bai Yanfeng, Yuan Guibo. Development context of global minimum wealth tax and China's Countermeasures [J]. financial science, 2024, (04):5-13.
[3] Yue Ximing, Zhang Xuan. Piketty, Seth, and Zucrman's contributions to inequality research -- a review of the academic contributions of the laureate of the "citation laureate" economics award of keriwian [J]. economics trends, 2024, (04): 128-143.
[4] Ren Qiang, Guoyi, shaolei. Reflections on tax policies to promote common prosperity [J]. tax research, 2024, (04):20-24.
[5] Li Wen, Jiang Lin. Wealth tax: good tax or bad tax [J]. taxation and economics, 2024, (02):30-36.
[6] Dai Chengyu, Wang Zengwu. Review and Enlightenment of international development of wealth tax [J]. China foreign exchange, 2023, (24):68-71.
[7] Liwen, Zhang Qiuying. International Comparison and reference of property tax structure -- Taking OECD member countries as an example [J]. tax research, 2023, (11):51-60.
[8] Zhang Ping, Yan Hong, Zhuge Anton, et al. International practice and advantages and disadvantages of wealth tax [J]. international taxation, 2023, (09):58-67.
[9] Ma Jun, Han Qing. Institutional Dilemma and Countermeasures of tax regulation for ultra high income people -- Exploration and reflection of the United States and European countries [J]. financial think tank, 2023,8 (03): 69-88+149.
[10] Zhang Xiaoyun, Du Chongshan. A discussion on tax fairness based on historical logic and realistic rationality -- the compensation concept of tax system construction [J]. Journal of Central University of Finance and economics, 2022, (02):3-12.
[11] Chen Yi, Dai Xueting, Zhong Chuchu. Theoretical and empirical research on Residents' wealth inequality [J]. financial education research, 2021,34 (02): 3-16.
[12] Bach S, Beznoska M & Steiner V. A Wealth Tax on the Rich to Bring Down Public Debt? Revenue and Distributional Effects of a Capital Levy in Germany [J]. Fiscal Studies, 2014, 35(1): 67-89.
[13] Wu Yue, Yan Jin, Chen Wei. International Comparative Study on strengthening the tax collection and management of high net worth and high risk natural persons [J]. economic data translation, 2023, (01): 35-50.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Academic Journal of Management and Social Sciences
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
How to Cite
