The global economy owes more than $100 trillion in reparations for slavery, but states have persistently deferred payment. Meanwhile, the OECD’s Global Minimum Tax (GMT) requires large multinational companies to pay a 15% minimum rate on worldwide income while leaving substantial discretion over where that tax is paid.
This Article introduces Global Tax for Repair to reimagine corporate tax planning as a vehicle for reparations. Drawing on corporate social responsibility, it argues that companies within GMT’s scope should exercise their existing discretion to satisfy the international system’s oldest unpaid debt.
Citation
Jay Butler, Global Tax for Repair, NYU Journal of International Law & Politics (2027).