countries. Since it is difficult to untangle the effect of tax incentives from other factors, the analysis also takes into ….Our experience tends to suggest that in the absence of fundamental factors such as economic conditions and political climate, tax …

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions … financial markets is incomplete and imprecise, remains. However, globally, FTT remains a commonly used tax. A cross …

The differential multiple tax regime across sectors of production leads to distortions in allocation of resources thus … international competitiveness of the sectors which would have been relatively efficient under distortion-free indirect tax regime … resources and providing full tax offsets is expected to result in gains for GDP, returns to the factors of production and …

, focusing on the case of the Japanese value-added tax. The paper fi nds that the masquerading was pervasive and took place … quickly after the introduction of tax incentives. Tax avoidance caused 3.4 per cent of the overall revenue drain in 1990, thus …

shows that severe tax reform would be required to restore the economic stability. Concretely, the government has to raise … the consumption tax rate to 15% from 5%, and in addition, allowing the income elasticities of income taxes and inhabitant … taxes to increase by 0.033 each, which is equivalent to tax hikes of about 8.3 trillion yen. We assert that structural …