Corporate Tax Reform : From Income to Cash Flow Taxes /

This paper uses a multi-region, forward-looking, DSGE model to estimate the macroeconomic impact of a tax reform that replaces a corporate income tax (CIT) with a destination-based cash-flow tax (DBCFT). Two key channels are at play. The first channel is the shift from an income tax to a cash-flow t...

Full description

Bibliographic Details
Main Author: Carton, Benjamin
Other Authors: Corugedo, Emilio Fernandez, Hunt, Benjamin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/013
Online Access:Full text available on IMF