This feels like a battle between governments, and I’m glad to hear OECD are involved. Corporation tax feels like it should be agreed between nations, not betwe

This feels like a battle between governments, and I’m glad to hear OECD are involved. Corporation tax feels like it should be agreed between nations, not between individual nations and corporations. The Google multinationals of this world expect to pay a certain amount in corporation tax but right now too much of that is concentrated in the US and Ireland. Of course the US government is tied — it doesn’t want to give up the giant share of the pie it currently has, and would lose out on if some of that went to Spain instead. It’s right that it should be a shared source of revenue between all countries in which the multinational operates, but I think a new kind of tax is the wrong way of going about it when corporation tax reform could solve the same issue and be more generally useful. Payroll tax — a significant source of government tax revenue spread around the world, when a corporation has expanded worldwide — is distributed fairly in this way already.