International capital tax evasion and the foreign tax credit puzzle
UNSPECIFIED (2001) International capital tax evasion and the foreign tax credit puzzle. CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE, 34 (2). pp. 465-480. ISSN 0008-4085Full text not available from this repository.
In this paper we examine how the presence of international tax evasion affects the choice of a foreign tax credit by a capital exporting region. Since the credit raises the opportunity cost of concealing foreign source income, it can be employed to discourage evasion activity. International tax evasion can thus help to rationalize the adoption of a tax credit in excess of a deduction-equivalent rate.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions|
|Journal or Publication Title:||CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE|
|Publisher:||UNIV TORONTO PRESS INC|
|Number of Pages:||16|
|Page Range:||pp. 465-480|
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