Arbeitspapier
The Tax Elasticity of Financial Statement Income: Implications for Current Reform Proposals
Current reform proposals in international and corporate tax (most notably the OECD's GloBE proposal) envisage taxing financial statement income. This paper develops a conceptual framework – based on the literature on the elasticity of taxable income – for the welfare analysis of such proposals, and discusses the available evidence on the tax elasticity of financial statement income. The central conclusion is that the most relevant evidence suggests a large responsiveness of financial statement income to taxes (and hence, albeit with significant limitations and caveats, arguably a large deadweight loss). The paper also highlights the need for more evidence on this question.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 8534
- Klassifikation
-
Wirtschaft
Business Taxes and Subsidies including sales and value-added (VAT)
Accounting
- Thema
-
international taxation
multinational firms
financial statement income
book-tax conformity
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dharmapala, Dhammika
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and Ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Dharmapala, Dhammika
- Center for Economic Studies and Ifo Institute (CESifo)
Entstanden
- 2020
Ähnliche Objekte (12)
Income tax evasion: Tax elasticity, welfare, and revenue
Comparative assessment of proposals to amend the personal income tax law
Statement : ''Indian Labour And R.T.C. Proposals."
The Elasticity of Taxable Income, Welfare Changes and Optimal Tax Rates
Statement of Income Tax ... von Rudolf Modley : [Formular, Fotokopie]
German income tax : personal income tax, corporate income tax and trade tax
The elasticity of taxable income: Estimates and flat tax predictions using the Hungarian tax changes in 2005
B.E.L. Income Statements
Dangers lurking in the OECD tax proposals
Income tax buyouts and income tax evasion
Income Tax Buyouts and Income Tax Evasion
Unobserved Tax Avoidance and the Tax Elasticity of FDI
Income tax evasion: Tax elasticity, welfare, and revenue
Comparative assessment of proposals to amend the personal income tax law
Statement : ''Indian Labour And R.T.C. Proposals."
The Elasticity of Taxable Income, Welfare Changes and Optimal Tax Rates
Statement of Income Tax ... von Rudolf Modley : [Formular, Fotokopie]
German income tax : personal income tax, corporate income tax and trade tax
The elasticity of taxable income: Estimates and flat tax predictions using the Hungarian tax changes in 2005
B.E.L. Income Statements
Dangers lurking in the OECD tax proposals
Income tax buyouts and income tax evasion
Income Tax Buyouts and Income Tax Evasion
Unobserved Tax Avoidance and the Tax Elasticity of FDI
Income tax evasion: Tax elasticity, welfare, and revenue
Comparative assessment of proposals to amend the personal income tax law
Statement : ''Indian Labour And R.T.C. Proposals."
The Elasticity of Taxable Income, Welfare Changes and Optimal Tax Rates
Statement of Income Tax ... von Rudolf Modley : [Formular, Fotokopie]
German income tax : personal income tax, corporate income tax and trade tax
The elasticity of taxable income: Estimates and flat tax predictions using the Hungarian tax changes in 2005
B.E.L. Income Statements
Dangers lurking in the OECD tax proposals
Income tax buyouts and income tax evasion
Income Tax Buyouts and Income Tax Evasion