Pareto-Improving Minimum Corporate Taxation /

The recent international agreement on a minimum effective corporate tax rate marks a profound change in global tax arrangements. The appropriate level of that minimum, however, has been, and remains, extremely contentious. This paper explores the strategic responses to a minimum tax, which-the polic...

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书目详细资料
主要作者: Hebous, Shafik
其他作者: Keen, Michael
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2021.
丛编:IMF Working Papers; Working Paper ; No. 2021/250
主题:
在线阅读:Full text available on IMF
实物特征
总结:The recent international agreement on a minimum effective corporate tax rate marks a profound change in global tax arrangements. The appropriate level of that minimum, however, has been, and remains, extremely contentious. This paper explores the strategic responses to a minimum tax, which-the policy objective being to change the rules of tax competition game---are critical for assessing the design and welfare impact of, and prospects for, this fundamental policy innovation. Analysis and calibration plausibly suggest sizable scope for minima that are Pareto-improving, benefiting low as well as high tax countries, over the uncoordinated equilibrium.
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实物描述:1 online resource (23 pages)
格式:Mode of access: Internet
ISSN:1018-5941
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