In the quest for an alleged tax justice, a recent EU Directive to implement the OECD’s global minimum tax for multinational enterprises may negatively impact smaller countries, hamper free capital movement and also undermine tax competition

The ongoing energy crisis exacerbated by the Russia-Ukraine war has resulted in many governments and the EU introducing a levy on the allegedly windfall energy profits in an attempt to regain control over soaring prices. There’s only one problem: it probably won’t work