| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9350 |
| DP9350 Local taxation of global corporations: a simple solution | |
| Jean Hindriks; Susana Peralta; Shlomo Weber | |
| 发表日期 | 2013-02-17 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | The explosion of globalization has increased firms incentives to exploit international tax differentials to their benefit. In this paper we consider a simple world with two countries with different market sizes and two multinationals with a division in each country. Both countries use a source-based profit tax on multinationals, who compete a la Cournot in each local market and use profit shifting based on the tax differential. We assess policies aimed to mitigate inefficient tax choices and show that tax harmonization cannot benefit the small country which adopts a lower tax rate to channel a tax revenue from the large country. We propose a simple revenue sharing mechanism in which countries share equal proportion of their own revenue with each other. It is shown that revenue sharing increases equilibrium tax rates in each country, reduces the tax differential, and benefits both countries despite of reallocation of resources from the high tax to the low tax country. |
| 主题 | Public Economics |
| 关键词 | Heterogeneous countries Profit shifting Tax competition Revenue sharing |
| URL | https://cepr.org/publications/dp9350 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538186 |
| 推荐引用方式 GB/T 7714 | Jean Hindriks,Susana Peralta,Shlomo Weber. DP9350 Local taxation of global corporations: a simple solution. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
