Will Destination Based Taxes Be Fully Exploited When Available PDF Download
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Author | : David R. Agrawal |
Publisher | : |
Total Pages | : |
Release | : 2018 |
Genre | : |
ISBN | : |
Download Will Destination-based Taxes be Fully Exploited when Available? Book in PDF, ePub and Kindle
We develop a tax competition model that allows for the setting of both an origin-based and a destination-based commodity tax rate in the presence of avoidance and evasion. In the presence of evasion, jurisdictions will give cross-border shoppers tax preferential treatment, thus not fully exploiting the potential of destination-based taxation. Moreover, the divergence between originbased and destination-based taxes is stronger when the incentives for consumers' tax-arbitrage opportunities increase. The United States is one example of many such systems. While sales taxes are due at the point of sale, use taxes are due on goods purchased out-of-state. We document that when able to set both rates, a majority of jurisdictions levy destination-based use taxes at a lower rate than origin-based sales taxes. In response to changes in state-level policies that increase tax avoidance opportunities, the results of the empirical model broadly confirm our theory.
Author | : Shafik Hebous |
Publisher | : International Monetary Fund |
Total Pages | : 26 |
Release | : 2018-11-08 |
Genre | : Business & Economics |
ISBN | : 1484381904 |
Download A Destination-Based Allowance for Corporate Equity Book in PDF, ePub and Kindle
Following renewed academic and policy interest in the destination-based principle for taxing profits—particularly through a destination-based cash flow tax (DBCFT)—this paper studies other forms of efficient destination-based taxes. Specifically, it analyzes the Destination-Based Allowance for Corporate Equity (DBACE) and Allowance for Corporate Capital (DBACC). It describes adjustments that are required to turn an origin into a destination-based versions of these taxes. These include adjustments to capital and equity, which are additional to the border adjustments needed under a DBCFT. The paper finds that the DBACC and DBACE reduce profit shifting and tax competition, but cannot fully eliminate them, with the DBACE more sensitve than the DBACC. Overall, given the potential major political cost of switching from an origin to a destination-based tax system, we conclude that advantages of the DBCFT are likely to outweigh the transitional advantages of the DBACE/DBACC.
Author | : |
Publisher | : |
Total Pages | : 52 |
Release | : 1998 |
Genre | : Aliens |
ISBN | : |
Download U.S. Tax Guide for Aliens Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 126 |
Release | : 1996 |
Genre | : Business & Economics |
ISBN | : |
Download Impact on International Competitiveness of Replacing the Federal Income Tax Book in PDF, ePub and Kindle
Author | : David F. Bradford |
Publisher | : A E I Press |
Total Pages | : 68 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : |
Download The X Tax in the World Economy Book in PDF, ePub and Kindle
This study explores how the tax design called the X tax could alleviate the complexities and avoidance opportunities plaguing the existing U.S. system for taxing international business income.
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 320 |
Release | : 2006-01-01 |
Genre | : Technology & Engineering |
ISBN | : 0821365037 |
Download Mining Royalties Book in PDF, ePub and Kindle
This book contains a wealth of information and analysis relating to mineral royalties. Primary information includes royalty legislation from over forty nations. Analysis is comprehensive and addresses issues of importance to diverse stakeholders including government policymakers, tax administrators, society, local communities and mining companies. Extensive footnotes and citations provide a valuable resource for researchers.
Author | : Robert Carroll |
Publisher | : Rowman & Littlefield |
Total Pages | : 224 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 0844743941 |
Download Progressive Consumption Taxation Book in PDF, ePub and Kindle
The authors observe that consumption taxation is superior to income taxation because it does not penalize saving and investment and propose that the U.S. income tax system be completely replaced by a progressive consumption tax. They argue that the X tax, developed by the late David Bradford, offers the best form of progressive consumption taxation for the United States and outline concrete proposals for the X tax's treatment of numerous specific economic issues.
Author | : |
Publisher | : |
Total Pages | : 116 |
Release | : 2017 |
Genre | : |
ISBN | : 9789264295490 |
Download International VAT/GST Guidelines Book in PDF, ePub and Kindle
Value Added Tax (VAT; also known as Goods and Services Tax, under the acronym GST in a number of OECD countries) has become a major source of revenue for governments around the world. Some 165 countries operated a VAT at the time of the completion of the International VAT/GST Guidelines in 2016, more than twice as many as 25 years before. As VAT continued to spread across the world, international trade in goods and services has also expanded rapidly in an increasingly globalised economy. One consequence of these developments has been the greater interaction between VAT systems, along with growing risks of double taxation and unintended non-taxation in the absence of international VAT co-ordination. The International VAT/GST Guidelines now present a set of internationally agreed standards and recommended approaches to address the issues that arise from the uncoordinated application of national VAT systems in the context of international trade. They focus in particular on trade in services and intangibles, which poses increasingly important challenges for the design and operation of VAT systems worldwide. They notably include the recommended principles and mechanisms to address the challenges for the collection of VAT on cross-border sales of digital products that had been identified in the context of the OECD/G20 Project on Base and Erosion and Profit Shifting (the BEPS Project). These Guidelines were adopted as a Recommendation by the Council of the OECD in September 2016.
Author | : Mr.Richard Miller Bird |
Publisher | : International Monetary Fund |
Total Pages | : 55 |
Release | : 1999-12-01 |
Genre | : Business & Economics |
ISBN | : 1451858035 |
Download Rethinking Subnational Taxes Book in PDF, ePub and Kindle
The assignment of revenues in most developing and transitional countries to the central government has arguably facilitated irresponsible behavior by some subnational governments. One way to relieve this problem is to strengthen subnational tax regimes. The paper proposes two approaches to accomplish such strengthening in developing countries. The first—most applicable to large countries with important regional governments—is to establish subnational value-added taxes (VATs); the second is to replace the various unsatisfactory state and local taxes imposed on business by a low-rate value-added tax levied on the basis of income (production, origin) rather than consumption (destination).
Author | : |
Publisher | : Ram Krishna Bastola |
Total Pages | : 109 |
Release | : |
Genre | : |
ISBN | : |
Download THE IMPACT OF THE DEVELOPMENT OF THE TOURISM INDUSTRY ON THE LIFESTYLE OF THE HOST COMMUNITY Book in PDF, ePub and Kindle