Abstract
The tax system in Japan, as in other countries, faces increasing pressures from aging and globalization. This chapter draws on recent international experiences and trends to identify and review some of the key issues likely to arise, and options for addressing them.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Auerbach, Alan, 2006, “The Future of Capital Income Taxation”, Fiscal Studies, Vol. 27, pp. 399–420.
Botman, Denis, Hali Edison, and Papa N’Diaye, 2007, “Strategies for Fiscal Consolidation in Japan”, IMF Working Paper 07/37, Chapter 4 in this volume.
Cnossen, S., 2000, “Taxing Capital Income in the Nordic Countries: A Model for the European Union”, in Taxing Capital Income in the European Union — Issues and Options for Reform, S. Cnossen, ed. (Oxford: Oxford University Press).
Dalsgaard, Thomas, 2008, “An Overview of Corporate Taxation in Japan”, IMF Working Paper 08.
Dalsgaard, Thomas, and Masaaki Kawagoe, 2000, “The Tax System in Japan: A Need for Comprehensive Reform”, Economics Department Working Paper No. 231 (Paris: OECD).
Devereux, Michael and Rachel Griffith, 2003, “Evaluating Tax Policy for Location Decisions”, International Tax and Public Finance, Vol. 10, pp. 107–26.
Devereux, Michael and Alexander Klemm, 2005, “Why Has the U.K. Corporation Tax Raised so Much Revenue?” Fiscal Studies, Vol. 25, pp. 367–88.
Devereux, Michael and Peter Birch Sorensen, 2005, “The Corporate Income Tax: International Trends and Options for Fundamental Reform”, mimeo (Paris: OECD).
Devereux, Michael, Rachel Griffith, and Alexander Klemm, 2002, “Corporate Income Tax Reforms and Tax Competition”, Economic Policy, pp. 451–95.
Ebrill, Liam, Michael Keen, Jean—Paul Bodin, and Victoria Summers, 2001, The Modern VAT (Washington D.C.: International Monetary Fund), 2001.
Hatta, Tatsuo, 1992, “The Nakasone—Takeshita Tax Reform: A Critical Evaluation”, American Economic Review (Papers and Proceedings), Vol. 82, pp. 231–6.
American Economic and Noriyoshi Oguchi, 1992, “Changing the Japanese Social Security System from Pay as You Go to Actuarially Fair”, in Topics in the Economics of Aging, ed. David Wise (Chicago: University of Chicago Press).
Ishi, Hiromitsu, 2001, The Japanese Tax System (third edition) (Oxford: Oxford University Press).
Keen, Michael, Yitae Kim and Ricardo Varsano, 2008, “The Flat Tax(es): Experience and Principles”, forthcoming in International Tax and Public Finances.
Keen, Michael and Ben Lockwood, 2006, “Is the VAT a Money Machine?” National Tax Journal, Vol. LIX, pp. 905–28.
Klemm, Alexander, 2007, “Allowances for Corporate Equity in Practice”, CESifo Economic Studies, Vol. 53, pp. 229–62.
Kneller, Richard, Michael F. Bleaney, and Norman Gemmell, 1999, “Fiscal Policy and Growth: Evidence from OECD Countries”, Journal of Public Economics, Vol. 74, pp. 171–90.
Ministry of Health, Labor, and Welfare, 2006, “Social Security Reform (Shakai Hosho Kaikaku)” (in Japanese). See www.keizai-shimon.go.jp/minutes/2006/1110/ agenda.html.
de Mooij, Ruud and Gaétan Nicodème, 2008, “Corporate Tax Policy and Incorporation in the EU”, International Tax and Public Finance, Vol. 15, pp. 4–40.
Mullins, Peter, 2006, “Moving to Territoriality? Implications for the U.S. and the Rest of the World”, Tax Notes International, September 4, 2006.
Organization for Economic Co-Operation and Development, 2006, Revenue Statistics, 1965–2006 (Paris: OECD).
Sørensen, Peter Birch, 1998, “Recent Innovations in Nordic Tax Policy: From the Global Income Tax to the Dual Income Tax”, in Tax Policy in the Nordic Countries ed. P.B. Sorensen (London: Macmillan Press).
Sørensen, Peter Birch, 2005, “Neutral Taxation of Shareholder Income”, International Tax and Public Finance, Vol. 12, pp. 777–801.
Editor information
Copyright information
© 2008 International Monetary Fund
About this chapter
Cite this chapter
Keen, M. (2008). Tax Policy Challenges from Globalization and Aging: Issues and Options. In: Citrin, D.A., Zanello, A. (eds) Japan’s Economic Revival. Procyclicality of Financial Systems in Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9781137001603_5
Download citation
DOI: https://doi.org/10.1057/9781137001603_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-30478-3
Online ISBN: 978-1-137-00160-3
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)