The taxation of foreign profits — The old view, the new view and a pragmatic view
AbstractIn this short paper, we review the criticism of the standard view (the âold viewâ) of foreign profit taxation which goes back to Peggy Musgrave (nÃ©e Richman, 1963). This ?new view of international taxation is based on recent empirical studies and favours a system where foreign profits are exempt from tax. We critically discuss the debate between old view and new view proponents and, finally, confront the two with a ?pragmatic view on foreign profit taxation which crucially builds on compliance and tax administration cost.
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Bibliographic InfoArticle provided by Springer in its journal Intereconomics.
Volume (Year): 46 (2011)
Issue (Month): 2 (March)
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Web page: http://www.springerlink.com/link.asp?id=113472
Other versions of this item:
- Johannes Becker & Clemens Fuest, 2011. "The taxation of foreign profits - the old view, the new view and a pragmatic view," Working Papers 1104, Oxford University Centre for Business Taxation.
- H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
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