A minimum rate without a common base?
Forum Does the Enlarged European Union Need a Minimum Corporate Tax Rate?
KeywordsEquity Finance Statutory Rate Investment Allowance
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Unable to display preview. Download preview PDF.
- 1.See inter alia M. Devereux, R. Griffith, A. Klemm: Corporate income tax reforms and international tax competition, in: Economic Policy, Vol. 17, Issue 35, 2002.Google Scholar
- 2.This is true both of the classical tax competition papers, which predict tax rates will be too low (J. D. Wilson: A theory of interregional tax competition, in: Journal of Urban Economics, Vol. 19, 1986; or G. R. Zodrow, P. Mieszkowski: Pigou, Tiebout, property taxation, and the underprovision of local public goods, in: Journal of Urban Economics, Vol. 19, 1986) and of models which predict that tax rates can be too high, because of tax-exporting (e.g. E. W. Bond, L. Samuelson: Strategic behaviour and the rules for international taxation of capital, in: Economic Journal, Vol. 99, 1989).Google Scholar
- 3.An example of the former is J. Edwards, M. Keen: Tax competition an Leviathan, in: European economic Review, Vol 40, 1996; the latter argument is made in R. Baldwin, P. Krugman: Agglomeration, integration and tax harmonisation, in: European Economic Review, Vol. 48, 2004.Google Scholar
- 4.See M. A. King, D. Fullerton: The taxation of income from capital, Chicago 1984, University of Chicago Press.Google Scholar
- 5.See M. P. Devereux, R. Griffith: Evaluating tax policy for location decisions, in: International Tax and Public Finance, Vol. 10, 2003.Google Scholar
- 7.See European Commission: Towards an internal market without tax obstacles, Communication from the European Commission COM (2001) 582 final, Brussels 2001.Google Scholar
© HWWA and Springer-Verlag 2004