This article provides an overview of full and partial allowance for corporate equity (ACE) tax systems in practice. In the recent past, ACE systems existed in Austria, Croatia and Italy. Brazil still applies a variant of such a system and Belgium introduced one in 2006. This article summarizes...

Following renewed academic and policy interest in the destination-based principle for taxing profits-particularly through a destination-based cash flow tax (DBCFT)-this paper studies other forms of efficient destination-based taxes. Specifically, it analyzes the Destination-Based Allowance for...