countries with whom Japan has agreements are entitled to claim foreign tax credits for income taxes that they would have paid to …

choices. While taxes appear to influence a wide range of activity, the literature does not offer many subtle tests designed to …

Higher corporate taxes reduce corporate business operations, replacing them with operations by noncorporate businesses … higher corporate taxes can increase income inequality even when the corporate tax burden falls entirely on capital owned …

We analyze the dynamic macroeconomic effects of border adjustment taxes, both when they are a feature of corporate tax … reform (C-BAT) and for the case of value added taxes (VAT). Our analysis arrives at the following main conclusions. First, C …. Lastly, border taxes increase government revenues in periods of trade deficit, however, given the net foreign asset position …

endowment shocks. The government's insurance motive generates pro-cyclical taxes on capital income. If the government could …

Deferral of U.S. taxes on foreign source income is commonly characterized as a subsidy to foreign investment, as …