|
|
|
|
| LEADER |
02059cas a2200253 a 4500 |
| 001 |
AALejournalIMF018830 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781484381908
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Hebous, Shafik.
|
| 245 |
1 |
2 |
|a A Destination-Based Allowance for Corporate Equity /
|c Shafik Hebous, Alexander Klemm.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2018.
|
| 300 |
|
|
|a 1 online resource (26 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 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 Corporate Equity (DBACE) and Allowance for Corporate Capital (DBACC). It describes adjustments that are required to turn an origin into a destination-based versions of these taxes. These include adjustments to capital and equity, which are additional to the border adjustments needed under a DBCFT. The paper finds that the DBACC and DBACE reduce profit shifting and tax competition, but cannot fully eliminate them, with the DBACE more sensitve than the DBACC. Overall, given the potential major political cost of switching from an origin to a destination-based tax system, we conclude that advantages of the DBCFT are likely to outweigh the transitional advantages of the DBACE/DBACC.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 700 |
1 |
|
|a Klemm, Alexander.
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2018/239
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2018/239/001.2018.issue-239-en.xml
|z IMF e-Library
|