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dc.titleGlobalization and Tax Competition: Implications for Developing Countries
dc.contributor.authorAvi-Yonah, Reuven S.
dc.contributor.orgunitProductivity, Trade and Innovation Sector
dc.date.available2010-11-10T00:00:00
dc.date.issue2001-02-28T00:00:00
dc.description.abstractThe current age of globalization can be distinguished from the previous one by the much higher mobility of capital than labor. The mobility of capital has led to tax competition, in which sovereign countries lower their tax rates on income earned by foreigners within their borders in order to attract both portfolio and direct investment. Tax competition, in turn, threatens to undermine the individual and corporate income taxes, which remain major sources of revenue for all modern states. This paper argues that if government service programs are to be maintained in the face of globalization, it is necessary to cut the intermediate link by limiting tax competition.
dc.format.extent12
dc.identifier.doihttp://dx.doi.org/10.18235/0008545
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Globalization-and-Tax-Competition-Implications-for-Developing-Countries.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFiscal Policy
dc.subject.keywordsGlobalization;Developing Countries;Tax Competition
dc.typeTechnical Notes
idb.identifier.pubnumberTechnical Notes
idb.operationNot available
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