Territorial vs. Worldwide Corporate Taxation : Implications for Developing Countries /

Global investment patterns mean that effective taxation of foreign investors is of increasing importance to the economies of lower income countries. It is thus of considerable concern that the historical framework for cross-border income tax arrangements is not always well suited to allow low-income...

Ամբողջական նկարագրություն

Մատենագիտական մանրամասներ
Հիմնական հեղինակ: Matheson, Thornton
Այլ հեղինակներ: Perry, Victoria, Veung, Chandara
Ձևաչափ: Ամսագիր
Լեզու:English
Հրապարակվել է: Washington, D.C. : International Monetary Fund, 2013.
Շարք:IMF Working Papers; Working Paper ; No. 2013/205
Առցանց հասանելիություն:Full text available on IMF
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100 1 |a Matheson, Thornton. 
245 1 0 |a Territorial vs. Worldwide Corporate Taxation :   |b Implications for Developing Countries /  |c Thornton Matheson, Victoria Perry, Chandara Veung. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2013. 
300 |a 1 online resource (25 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Global investment patterns mean that effective taxation of foreign investors is of increasing importance to the economies of lower income countries. It is thus of considerable concern that the historical framework for cross-border income tax arrangements is not always well suited to allow low-income countries (LICs) effectively to generate tax revenues from profits on foreign direct investment (FDI). Several aspects of this framework contribute to the problem. This paper discusses, in particular, the likely effect of a shift by major economies from the system of worldwide corporate taxation toward a territorial system on the volume, distribution, and financing of FDI, focusing on LICs. It then empirically analyzes bilateral outbound FDI data for the UK for 2002-10 to determine whether the move to territoriality made corporations more sensitive to hostcountry statutory tax rates. Supporting evidence for this hypothesis is found for FDI financed from new equity. 
538 |a Mode of access: Internet 
700 1 |a Perry, Victoria. 
700 1 |a Veung, Chandara. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2013/205 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2013/205/001.2013.issue-205-en.xml  |z IMF e-Library