Search results for "Tax competition"
showing 6 items of 6 documents
Commodity Tax Competition and Industry Location Under the Destination- and the Origin-Principle
2007
We develop a model of commodity tax competition with monopolistically competitive internationally mobile firms, transport costs, and asymmetric country sizes. We investigate the impacts of non-cooperative tax setting, as well as of tax harmonization and changes in the tax principle, in both the short and the long run. The origin principle, when compared to the destination principle, is shown to exacerbate tax competition and to erode tax revenues, yet leads to a more equal spatial distribution of economic activity. This suggests that federations which care about spatial inequality, like the European Union, face a non-trivial choice for their tax principle that goes beyond the standard consi…
The Taxation of Financial Capital Under Asymmetric Information and the Tax-Competition Paradox
2003
Information sharing between governments is examined in an optimal-taxation framework. We introduce a taxonomy of alternative systems of international capital-income taxation and characterize the choice of tax rates and information exchange. The model reproduces the conclusion found in earlier literature that integration of international caopital markets may lead to the under-provision of publicly provided goods. However, in contrast to previous results in the literature, under-provision occurs due to inefficiently coordinated expectations. We show that there exists a second equilibrium with an efficient level of public-good provision as well as complete and voluntary information exchange be…
Tax Competition with Intermunicipal Cooperation
2020
We study local tax competition when municipalities can voluntarily cooperate with neighboring jurisdictions. In France, the strongest form of cooperation among municipalities occurs by forming an “establishment for inter-municipal cooperation” (EIMC). We study how interjurisdictional policy interdependence differs between competing municipalities within the same EIMC and competing municipalities outside of the cooperative unit. We apply the estimation strategy of Kelejian and Piras (2014) to resolve the endogeneity of the decision to cooperate with other municipalities. We find that strategic interactions among peer members of the same EIMC are less intense than strategic interactions with …
Sovranità tributaria, territorialità dell’imposizione e mercato globale : una sfida ancora aperta
2019
L’articolo muove da una preliminare - quanto breve - analisi del pensiero storico-filosofico che ha condotto allo sviluppo del concetto di sovranità a cavallo fra i secoli XVII, XVIII e parte del XIX, allo scopo di individuare un possibile elemento identitario della sovranità tributaria come declinazione del concetto più generale di sovranità. Si analizza, poi, l’evoluzione della sovranità fiscale nelle costituzioni successive alla seconda guerra mondiale, con particolare riferimento a quella italiana, e si giunge alla conclusione che si tratta di una sovranità “indirizzata” dal rispetto di diritti fondamentali garantiti da quelle costituzioni. Si analizza successivamente il rapporto fra so…
TAX COMPETITION E GIUSTIZIA SOCIALE NELL'UNIONE EUROPEA
2019
Il fenomeno della concorrenza fiscale tra Stati è ormai noto da tempo, ma è soprattutto negli ultimi quindici anni che esso è cresciuto fino ad assumere una dimensione di particolare rilievo. A questo fenomeno non è rimasta estranea l’Europa, ove la tax competition si è sviluppata fondamentalmente attraverso due processi. Il primo è la <> delle aliquote dell’imposta sul reddito delle società. Basti pensare, a riguardo, che nel periodo 1995-2014, il tasso medio UE-28 di quelle aliquote è diminuito di 12 punti percentuali. Il secondo processo, che ha riguardato principalmente le multinazionali di più grosse dimensioni (e, prime fra esse, quelle del settore digitale) è noto come Base Ero…
THE IMPACT OF TAX COMPETITION AND HARMONISATION IN THE EU IN RELATION TO FISCAL OPTIMISATION
2018
Fiscal competition and harmonisation are topical issues and the controversy generated by preferences for one or the other is due to the effects they generate in the economies of the EU member states. The practice of tax competition to a smaller or larger extent by some of the Member States is often identified with tax optimisation practices. Thus, in the economies of developed or emerging countries, the effects are both on the labour market, in the collection of indirect taxes (VAT or excise duties), but also in the transfer of profits versus transfer prices. The European fora are working hard for the uniformity of European legislation, but also to determine the governments of the Member St…