Theory recommends aligning the tax treatment of debt and equity. A few countries, notably Belgium, have introduced an … allowance for corporate equity (ACE) to achieve tax neutrality. We study the effects of adopting an ACE on debt financing … system generates a tax planning opportunity using a structure combining the benefits from the ACE with interest deductions. …

-particularly through a destination-based cash flow tax (DBCFT)-this paper studies other forms of efficient destination-based taxes … finds that the DBACC and DBACE reduce profit shifting and tax competition, but cannot fully eliminate them, with the DBACE … destination-based tax system, we conclude that advantages of the DBCFT are likely to outweigh the transitional advantages of the …

—particularly through a destination-based cash flow tax (DBCFT)—this paper studies other forms of efficient destination-based taxes … finds that the DBACC and DBACE reduce profit shifting and tax competition, but cannot fully eliminate them, with the DBACE … destination-based tax system, we conclude that advantages of the DBCFT are likely to outweigh the transitional advantages of the …

-particularly through a destination-based cash flow tax (DBCFT)-this paper studies other forms of efficient destination-based taxes … finds that the DBACC and DBACE reduce profit shifting and tax competition, but cannot fully eliminate them, with the DBACE … destination-based tax system, we conclude that advantages of the DBCFT are likely to outweigh the transitional advantages of the …

How did the rise of multinational enterprises (MNEs) put pressure on the prevailing international corporate tax … framework? MNEs, and firms with market power, are not new phenomena, nor is the corporate income tax, which dates to the early … triggered unprecedented recent concerns about vulnerabilities in international tax arrangements and the taxation of MNEs? This …

The recent international agreement on a minimum effective corporate tax rate marks a profound change in global tax … strategic responses to a minimum tax, which-the policy objective being to change the rules of tax competition game … calibration plausibly suggest sizable scope for minima that are Pareto-improving, benefiting low as well as high tax countries …

How did the rise of multinational enterprises (MNEs) put pressure on the prevailing international corporate tax … framework? MNEs, and firms with market power, are not new phenomena, nor is the corporate income tax, which dates to the early … has triggered unprecedented recent concerns about vulnerabilities in international tax arrangements and the taxation of …

How did the rise of multinational enterprises (MNEs) put pressure on the prevailing international corporate tax … framework? MNEs, and firms with market power, are not new phenomena, nor is the corporate income tax, which dates to the early … triggered unprecedented recent concerns about vulnerabilities in international tax arrangements and the taxation of MNEs? This …