On the Issue of Introducing a “Minimum Tax” in Russia in the Context of International Tax Reform

The subject of the study is the GloBE rules, which are a coordinated taxation system aimed at ensuring that multinational groups of companies pay the minimum global income tax in each jurisdiction. The objectives of the work are to establish the content, structure and practical experience of the introduction of GloBE by countries, vectors of influence on the structure of fiscal instruments to stimulate investment and innovation, as well as forecasting the introduction of the GloBE analogue in Russia. The study revealed the serious consequences of the introduction of GloBE for international investment and the effectiveness of certain tax incentives, including for R&D, which will require a review of the system of tax incentives for capital raising. The types of fiscal incentives that will not be affected by GloBE are highlighted. It is concluded that GloBE will only give international tax competition a different form and reformat global investment flows. It is proposed to take into account the experience of China and Hong Kong, which do not want to cancel fiscal, investment and innovation incentives, voluntarily allowing the dilution of the national tax base, and it is from these positions that Russia should assess the structure of tax benefits within the framework of the GloBE analogue justification.