返回Google圖書搜尋

Capital Flight and Tax Competition

其他書名	Are There Viable Solutions to Both Problems?
出版	National Bureau of Economic Research, 1990
URL	http://books.google.com.hk/books?id=LQmyAAAAIAAJ&hl=&source=gbs_api

註釋This paper discusses a model corporate tax system based on the application of the residence principle. This tax system, while preserving national sovereignties, minimizes the distortions from international capital mobility. The paper is motivated by an analysis of European capital income tax systems, and of the distortions they might give rise to as obstacles to international capital flows diminish. The alternative system we analyze has two main properties: it exploits the territoriality of law enforcement, and allows countries to set the corporate tax rate - and the extent of double taxation of corporate income - independently from their partners. The paper concludes with some suggestive evidence of the potential revenue effects among European countries of this tax system.