produced) to market countries (where goods are consumed) and introducing minimum rates in international profit taxation …. Utilizing a dynamic macroeconomic model, we find that, in low tax economies, the average profit tax rate will rise. On one hand …, this reduces price competitiveness of firms located in these regions and, thereby, output. On the other hand, higher profit …

produced) to market countries (where goods are consumed) and introducing minimum rates in international profit taxation? We … assess this question in a dynamic macroeconomic model that gives a meaningful role to profit taxation. We find that, in low … tax economies, the average profit tax rate will rise. On the one hand, this reduces price competitiveness of firms located …

This paper work out a breakthrough to formulate profit tax, something economists have long wished for and many have … given up. Profit tax is practiced in many countries, and even the existing excise tax system is just practically a profit …