Competition and Co-ordination in International Capital Income Taxation
The paper analyses gains from international tax co-ordination. Focussing on capital income taxes in a two country model, the main result is that gains from co-ordination, or from tax harmonisation, are by far smaller than is normally assumed if the countries tax capital income according to the residence principle. In particular, we show that equilibria under this tax regime are constrained Pareto-optimal so that there are never gains for both countries. With residence taxation, tax rate harmonisation accompanied by inter-governmental transfers only redistribute income from the low tax country to the high tax country. This pictures changes, however, when the capital exporting country applies the source principle instead of the residence principle.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 56 (1999)
Issue (Month): 1 (March)
|Contact details of provider:|| Web page: http://www.mohr.de/fa|
|Order Information:|| Postal: Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany|
When requesting a correction, please mention this item's handle: RePEc:mhr:finarc:urn:sici:0015-2218(199903)56:1_1:caciic_2.0.tx_2-9. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Wolpert)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.