UNSPECIFIED (2002) Corporate income tax reforms and international tax competition. In: 35th Panel Meeting on the International Role of the European Single Currency, APR 12-13, 2002, MADRID, SPAIN.

Full text not available from this repository.

Abstract

This paper analyses the development of taxes on corporate income in EU and G7 countries over the last two decades. We establish a number of sylizedfacts about their development. Tax-cutting and base-broadening reforms have had the effect that, on average across EU and G7 countries, effective tax rates on marginal investment have remained fairly stable, but those on more profitable investments have fallen. We discuss two possible explanations of these solized facts arising from alternative forms of tax competition. First, governments may be responding to a fall in the cost of income shifting, which puts downward pressure on the statutory tax rate. Second, reforms are consistent with competition for more profitable projects, in particular those earned by multinational firms.

Item Type:	Conference Item (UNSPECIFIED)
Subjects:	H Social Sciences > HC Economic History and Conditions
Journal or Publication Title:	ECONOMIC POLICY
Publisher:	BLACKWELL PUBL LTD
ISSN:	0266-4658
Date:	October 2002
Number:	35
Number of Pages:	46
Page Range:	449-+
Publication Status:	Published
Title of Event:	35th Panel Meeting on the International Role of the European Single Currency
Location of Event:	MADRID, SPAIN
Date(s) of Event:	APR 12-13, 2002
URI:	http://wrap.warwick.ac.uk/id/eprint/10447

Data sourced from Thomson Reuters' Web of Knowledge

Request changes to a record

Actions (login required)

View Item