Published May 28, 1990
by Springer .
Written in English
|The Physical Object|
|Number of Pages||178|
International Competitiveness, Tax Incentives, and a New Argument for Tax Sparing: Preventing Double Taxation by Crediting Implicit Taxes Michael S. Knoll University of Pennsylvania I. INTRODUCTION Much of the United States’ current international tax regime dates back to the ’s. At that time, international trade and. tax reforms on international competitiveness. The common assumption that capital flows freely internationally leads to striking conclusions regarding the effects of tax policies. Tax mea- sures which stimulate investment but do not affect savings will inevi- tably lead to declines in international competitiveness as long as capital. Tax ratios are constructed from tax revenue data published by the OECD. Tax revenue, divided into the components that are levied on consumption and labor and capital, form the numerators of the ratios. The denominators are the base on which each of these taxes were Size: KB. The US tax system places US multinationals at a competitive disadvantage with foreign-based multinationals that have income from low-tax countries. US companies now face a percent minimum tax on global intangible low-taxed income, defined .
This study addresses the influence of corruption and governance on the tax revenue collection in Emerging and Growth-Leading Economies (EAGLE). To serve the . The International Tax Competitiveness Index seeks to measure the extent to which a country’s tax system adheres to two important principles of tax policy: competitiveness and neutrality.4 A competitive tax code is a code that limits the taxation of businesses and investment. In. The Impact of Taxes on the Competitiveness of European Tourism. 27 Sweden Up to 57% 32% (based on average local rate) Up to 25% 32% (average local rate) Individual on average income faces 0% national income tax (falling just short of the SEK , (€46,) threshold). The supporters of tax sparing argue that it is a form of foreign aid, an obligation owed to developing countries, and a legitimate means of improving the competitiveness of resident investors. Tax sparing, however, has long been opposed by the United States on the grounds that it is an expensive and problematic concession to developing Cited by: 2.
The tax policy of one country can affect economic activity in other countries, and in the choice of tax policy instruments a policymaker must consider its international consequences. Examples of the growing awareness of fiscal interdependence abound. The rate-reducing, base-broadening U.S. tax reform of has been followed. Influence of Tax Differentials on International Competitiveness Proceedings Of the Vlllth Munich Symposium on International Taxation papers by McLure, Sinn. Musgrave and others Kluwcr Law and Taxation Publishers Boston yo. 23 Cover FM ISBN: 90 9 Kluw-er taw All rights No of this be in . The influence of international taxation structures on corporate financial disclosure patterns. Book-tax differentials and the aggressive use of tax shelters by companies provide evidence of the nexus between tax and financial reporting. To capture the influence of a firm's international tax characteristics on the extent of financial Cited by: 7. fails to have a direct impact on the tax differential – as predicted by eq. 1. 17 Specifically, eq. 1 indicates that the level of trade costs only matters through its influence on countries.