ImpactsofNewInternationalTaxSystemonMultinationalFirms’FDISangjunYeaAssociateResearchFellow,TradeandInvestmentPolicyTeam,InternationalTradeDepartment(sjyea@kiep.go.kr)Ⅰ.IntroductionReformoftheinternationaltaxsysteminthedigitalerahasbeensuggestedbytheOECD,viaaninclusiveframeworktowhichmorethan140countriesaremembers,toaddresstaxavoidanceissuesofmultinationalenterprises(MNEs).Thedigitalizationofworldecono-mieshasenabledMNEstoutilizedigitaltech-nologiestoconvenientlycircumventpayingcorporateincometaxesbyshiftingtheirprofitsfromhightaxratecountriestolowtaxratecountries(baseerosionandprofitsshifting).Toaddressthebaseerosionandprofitsshift-ingofMNEs,theOECDinc...