The Cost and Benefits of Tax Treaties with Investment Hubs : Findings from Sub-Saharan Africa /

This paper investigates the costs and benefits of concluding double tax treaties with investment hubs. Based on a sample of 41 African economies from 1985-2015, the results suggest that signing treaties with investment hubs is not associated with additional investments; yet, these treaties tend to c...

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Detalhes bibliográficos
Autor principal: Beer, Sebastian
Outros Autores: Loeprick, Jan
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2018.
Colecção:IMF Working Papers; Working Paper ; No. 2018/227
Acesso em linha:Full text available on IMF
Descrição
Resumo:This paper investigates the costs and benefits of concluding double tax treaties with investment hubs. Based on a sample of 41 African economies from 1985-2015, the results suggest that signing treaties with investment hubs is not associated with additional investments; yet, these treaties tend to come with nonnegligible revenue losses. Building on a theoretical model, the paper investigates the role of treaty shopping in driving nominal investment flows and provides indirect evidence for its importance in the sample.
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Descrição Física:1 online resource (38 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students