The hunt for footloose capital: how to tax a multinational

Recent decades have witnessed falling corporation tax rates across the developed world. In the UK, the main rate of corporation tax has fallen from over 50% in the 1970s to just 19% today. 

In this lecture IFS research economist Isaac Delestre explored the global trends that have driven these changes: asking, who ultimately bears the burden of corporation taxes in a globalised world and why some multinational companies seem to pay so little.