This paper will outline the changing forms of cooperation between national tax authorities in the taxation of income or profits from international business, especially transnational corporations (TNCs). The case study will illustrate broader trends of transformation both of statehood and the international state system, from the classical liberal model based on interdependence and coordination o...

Most analyses of government budgets and their differential impacts on women and men tend to focus on the expenditure side of the budget, with very little attention being given to the revenue side. It is usually assumed that government expenditure has a greater direct impact than revenue in addressing issues such as poverty and inequality. However, the revenue side of the budget, and specificall...

OBJECTIVES To project the number of people aged 45-64 years with lost productive life years (PLYs) due to diabetes and related costs (lost income, extra welfare payments, lost taxation revenue); and lost gross domestic product (GDP) attributable to diabetes in Australia from 2015 to 2030. DESIGN A simulation study of how the number of people aged 45-64 years with diabetes increases over time ...

The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of an amendment in the nature of a substitute to H.R. 4872, the Reconciliation Act of 2010. The amendment discussed in this letter (hereafter called “the reconciliation proposal”) is the one that was made public on March 18, 2010, as ...

A first encounter with the ECJ’s body of case law in the area of direct taxation may cause a sense of bewilderment. Several judgments seem difficult to reconcile or even contradictory. However, a closer reading often reveals slight distinctions and subtle nuances. Apparent contradictions are frequently reconcilable on the basis of those distinctions and nuances. As Walt Whitman wrote in his sem...

It is argued that from the viewpoint of efficiency, agriculture should not be taxed relative to other sectors, and neither should it be favored. Nevertheless, developing countries have traditionally taxed the agricultural sector while developed countries have protected it, and both have incurred efficiency losses. Based on Schiff and Valdes (1992), it was shown that the taxation of agriculture ...

We analyze the possibility of reduction of systemic risk in financial markets through Pigouvian taxation of financial institutions, which is used to support the rescue fund. We introduce the concept of the cascade risk with a clear operational definition as a subclass and a network related measure of the systemic risk. Using financial networks constructed from real Italian money market data and...

We develop a method for estimating the rivalness of tax bases using the structures of the conditional logit, Poisson and nested logit models. As an illustration, we apply this method to estimate the e↵ect of state-level capital taxation on U.S. inward foreign direct investment. The assumption of perfect non-rivalenss can in some cases be rejected, but the assumption of perfect rivalness cannot....