01650cas a2200241 a 4500 AALejournalIMF010125 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451922905 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Is there a Need for Harmonizing Capital Income Taxes within EC Countries? Washington, D.C. : International Monetary Fund, 1990. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper describes how growing economic integration within the European Community increases the scope for any one EC country to impose adverse externalities on other member countries by manipulating its capital income taxes. After examining several alternatives to concerted tax harmonization, the paper concludes that there is a need to harmonize capital income taxes within the EC as the Community moves toward a unified market with free capital movements and fixed nominal exchange rates. The harmonization process could start by agreeing on the tax base, followed by setting minimum statutory rates. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/017 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/017/001.1990.issue-017-en.xml IMF e-Library