Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Tax Competition, Capital Mobility & Public Good Provision Within a Trading Block
Author: Tax Competition, Capital Mobility and Public Good Provision Within a Trading Block
Author: Panos HatzipanayotouTax Competition, Capital Mobility and Public Good Provision Within a Trading Block ; Presented at CESifo Area Conference on Public Sector Economics, May 2001
Author: Panos HatzipanayotouCapital Mobility and Tax Competition
Author: Clemens FuestPublisher: Now Publishers Inc
ISBN: 1933019190
Category : Business & Economics
Languages : en
Pages : 72
Book Description
Tax competition and coordination is one of the most pressing issues for tax authorities in modern economies, but it is a highly controversial subject. Some argue that tax competition is beneficial by forcing governments to impose efficient tax prices on residents for the provision of public services. Further, some argue that tax competition is also beneficial by limiting the power of governments to levy taxes. Others take a different view - in a world without coordinated tax policies, governments choose sub-optimal levels of public services financed by inefficient taxes that are either too high or too low by ignoring spillovers imposed on other jurisdictions. Capital Mobility and Tax Competition draws out the most important issues of uncoordinated tax policy at the international level for cross-border transactions. The discussion focuses on mobile tax bases, specifically in relation to investment and financial transactions. The main issue for consideration in this survey is whether taxation of income, specifically capital income will survive, how border crossing investment is taxed relative to domestic investment, and whether welfare gains can be achieved through international tax coordination. This survey derives some of the key results on the taxation of international investment in variants of one model of multinational investment. Finally, the authors emphasize the problem of tax competition and financial arbitrage, an issue which is somewhat neglected in the existing survey literature.
When Trade Leads to Inefficient Public Good Provision
Author: Emmanuelle TaugourdeauPublisher:
ISBN:
Category :
Languages : en
Pages : 31
Book Description
Capital Mobility and Tax Competition
Author: Clemens FuestPublisher:
ISBN:
Category : Taxation
Languages : en
Pages : 36
Book Description
Public Goods for Economic Development
Author: Olga MemedovićPublisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 198
Book Description
This publication addresses factors that promote or inhibit successful provision of the four key international public goods: financial stability, international trade regime, international diffusion of technological knowledge and global environment. Without these goods, developing countries are unable to compete, prosper or attract capital from abroad. The need for public goods provision is also recognized by the Millennium Development Goals, internationally agreed goals and targets for knowledge, health, governance and environmental public goods. The Report addresses the nature of required policies and institutions using the modern principles of collective action.
Global Tax Revolution
Author: Chris R. EdwardsPublisher: Cato Institute
ISBN: 1933995181
Category : Business & Economics
Languages : en
Pages : 267
Book Description
Introduction -- Capital explosion -- Tax cut revolution -- Flat tax club -- Mobile brains and mobile wealth -- Taxing businesses in the global economy -- The economics of tax competition -- The battle for freedom and competition -- The moral case for tax competition -- Options for U.S. policy.
Positive and Normative Analysis in International Economics
Author: Hironobu NakagawaPublisher: Springer
ISBN: 0230348203
Category : Political Science
Languages : en
Pages : 291
Book Description
This volume addresses profound issues in international economics, with contributions from leading researchers on the implications of trade. Empirical studies address preferential trading arrangements, global imbalances and exchange rates, facilitating an understanding of how the economy functions and enabling detailed policy evaluation.
Taxation in a Global Economy
Author: Andreas HauflerPublisher: Cambridge University Press
ISBN: 0521782767
Category : Business & Economics
Languages : en
Pages : 354
Book Description
The increasing international mobility of capital, firms and consumers has begun to constrain tax policies in most OECD countries, playing a major role in reforming national tax systems. Haufler uses the theory of international taxation to consider the fundamental forces underlying this process, covering both factor and commodity taxes, as well as their interaction. Topics include a variety of different international tax avoidance strategies - capital flight, profit shifting in multinational firms, and cross-border shopping by consumers. Situations in which tax competition creates conflicting interests between countries are given particular consideration. Haufler addresses the complex issue of coordination in different areas of tax policy, with special emphasis on regional tax harmonization in the European Union. Also included is a detailed introduction to recent theoretical literature.