In the context of the current tax policy debate in the United States, this paper reviews and discusses some of the main … recurrent themes, as well as some of the most important tax reform proposals put forward over the past two decades. It finds … that although there seems to be widespread agreement that the current tax system is too complex, unfair, and distortionary …

Global economic integration intensified tax competition and raised concerns about the resulting "race to the bottom … interdependence in CIT rate setting in Eastern Europe and that (ii) the recent CIT cut in Moldova may intensify tax competition in the … discusses implications of tax competition for Eastern Europe and finds that FDI flows will not be much affected, tax revenues …

This paper proposes a new hybrid cash-flow tax on corporations that, on one hand, taxes only excess corporate profits … tax compared to the cash-flow tax on real transactions that seems to have gained common acceptance. The hybrid tax is a … modified version of the cash-flow tax on real and financial transactions combined. The modification involves replacing …

Conventional wisdom has it that the value-added tax is not a suitable instrument for lower-level jurisdictions … to be preserved on inter-provincial trade without compromising the destination principle (allowing provinces to tax …

This paper analyzes developments in non-oil tax policy, administration, and revenues in Azerbaijan, and suggests … measures for further improvement. The main finding is that Azerbaijan's non-oil tax revenues increased significantly as a share … of non-oil GDP in the last five years, but remain below potential. The non-oil tax revenue shortfall is mainly due to …

introduction of a flat-rate income tax and single-rate value-added tax (VAT), and linkage of social benefits to participation in … have helped encourage investment and improved efficiency by broadening the tax base, reducing the administrative burden …

This paper reviews the tax policy debate in the United States on the move of the corporation tax from its present … worldwide basis to a territorial basis, and considers the implications for the United States and the rest of the world. It finds … have significant implications for the rest of the world in terms foreign direct investment (FDI) from the United States …

This paper provides an updated overview of tax incentives for business investment. It begins by noting that tax … competition is likely to be a major force driving countries' tax reforms, and discusses tax incentives as a possible response to … this. This is complemented by other arguments for and against tax incentives, and by an illustrative analysis of different …

This paper analyzes the link between FDI, corporate taxation, and corporate tax revenues. We find strong evidence that … FDI in (out) flows are affected by tax regimes in the host (home) countries and FDI flows in turn affect the corporate tax … base. Simulations of European Union (EU) harmonization (isolating the revenue effect of FDI on the tax base from direct …

natural resources, are important determinants of tax revenue. …