Volume 9 • 2022 • Number transnational corporations investment and development

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1
2
* Received: 15 March 2022 – Revised: 22 May 2022 – Accepted: 8 June 2022
The views expressed in this article are solely those of the authors and do not necessarily represent 
the views of the United Nations and its Member States. The authors are grateful to Gregory Auclair, 
Richard Bolwijn, Michael Devereux, Javier Garcia-Bernardo, Petr Janský, Michael Keen and Hayley 
Pallan for input and comments during the preparation of the paper. The authors are responsible for any 
remaining errors.
a
Investment Research Branch, Division on Investment and Enterprise, United Nations Conference on 
Trade and Development, Geneva, Switzerland.
b
Corresponding author. European Center for Advanced Research in Economics and Statistics, Solvay 
Brussels School of Economics and Management, Université Libre de Bruxelles, Brussels, Belgium 
([e-mail]).
A new framework to assess the fiscal impact of a 
global minimum tax on FDI
*
Bruno Casella 
a
and Baptiste Souillard 
b