Special Tax Zones in the Era of International Tax Coordination - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Special Tax Zones in the Era of International Tax Coordination write by Antti Laukkanen. This book was released on 2019. Special Tax Zones in the Era of International Tax Coordination available in PDF, EPUB and Kindle.
Special Tax Zones in the Era of International Tax Coordination
Special Tax Zones in the Era of International Tax Coordination - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Special Tax Zones in the Era of International Tax Coordination write by Antti Laukkanen. This book was released on 2019. Special Tax Zones in the Era of International Tax Coordination available in PDF, EPUB and Kindle.
Tax Coordination, Tax Competition, and Revenue Mobilization in the West African Economic and Monetary Union
Tax Coordination, Tax Competition, and Revenue Mobilization in the West African Economic and Monetary Union - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Tax Coordination, Tax Competition, and Revenue Mobilization in the West African Economic and Monetary Union write by Mario Mansour. This book was released on 2013-07-09. Tax Coordination, Tax Competition, and Revenue Mobilization in the West African Economic and Monetary Union available in PDF, EPUB and Kindle. We review the current state of the West African Economic and Monetary Union’s tax coordination framework, against the main objectives of the WAEMU Treaty of 1994: reduce distortions to intra-community trade, and mobilize domestic tax revenue. The process of tax coordination in WAEMU is one of the most advanced in the world—de jure at least—, but remains in many areas ineffective de facto. Nevertheless, the framework has, to some extent, succeeded in converging tax systems, particularly statutory tax rates, and may have contributed to improving revenue mobilisation. Important lessons can be drawn from the WAEMU experience, particularly in terms of whether coordination should take the form of harmonization through a top-down approach, or a softer approach of sharing best practice and limiting certain types of tax competition.
International Tax Rules for Unruly Times
International Tax Rules for Unruly Times - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Tax Rules for Unruly Times write by Wolfgang Schoen. This book was released on 2023. International Tax Rules for Unruly Times available in PDF, EPUB and Kindle. International tax coordination has reached impressive results after the turn of the century. Multi-lateral agreements like the Common Reporting Standard or the BEPS Action Plan are clear signs of the willingness of a large number of states to cooperate in fiscal matters at a global scale. Recently, the output of the Inclusive Framework on Pillar 1 and Pillar 2's on the taxation of the digitalized economy has been celebrated as a major step towards an international tax order worth its name. This success story is strangely at odds with the visible fragmentation and de-globalisation of world politics where major actors like the United States, the People's Republic of China, Russia or India are increasingly stepping back from multilateral commitments and assume a more confrontational stance. Against this background, this article tries to identify those characteristics of international tax rules that are necessary to deliver a reliable framework for international tax coordination. Two qualities stand out in this respect: “robustness” and “resilience” of international tax rules. “Robustness” means that the workability of a set of rules shall not be fundamentally called into question when one or two major players do not sign up to it or defect from the agreement at a later stage. Examples for “robust” arrangements are the transfer pricing rules based on the arm's length standard and the concept of withholding taxes, while a worldwide formulaic system like “Pillar 1” does not meet this standard. “Resilience” means the capacity of a set of rules to be adapted over time given changes in the political, fiscal and economic environment. This kind of quality exists in the area of national legislation or when global “model rules” provide a non-binding template for bilateral or multilateral conventions. European legislation, on the other hand, has proven to be quite unflexible and prevents legislative change when necessary (as can be shown with respect to the Interest-Royalty Directive and the Anti-Tax-Avoidance Directive). This lack of adaptability might become a problem with the recently enacted Minimum Tax Directive.
Special Tax Zones and EU Law
Special Tax Zones and EU Law - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Special Tax Zones and EU Law write by Claudio Cipollini. This book was released on 2019-12-18. Special Tax Zones and EU Law available in PDF, EPUB and Kindle. Economic recovery from the global financial crisis of 2007–2008 has been sketchy, with some areas within the European Union (EU) still trapped in seemingly irremediable industrial stagnation and job loss. EU institutions are called upon to provide concrete amelioration for these situations, through the design and implementation of effective tax policies in accordance with the fundamental principles of EU law. In this original, innovative book, the author presents a new and expanded view of how special tax zones (STZs) – areas of land where territorial advantages are granted on direct and/or indirect taxation – can deliver growth and mitigate economic and social emergency. Recognizing that, although a number of STZs within the EU have been established, there is still no systematic framework for them in the EU legal system, the author works out a comprehensive theory for STZs in the field of European tax law, dealing incisively with the interface of STZs with such essential legal and tax aspects as the following: customs union provisions; benefits on direct and indirect taxation; State-aid rules; free movement of persons; harmful tax competition; and role of EU social cohesion policies and their implementation. Furthermore, the author develops a new model of STZs for the most disadvantaged areas of the EU – the so-called Social Cohesion Zone – to respond decisively to issues of compatibility with such critical variables of EU law as those dealing with the outer limits set by State-aid rules and fundamental freedoms, clearly demonstrating the model’s practical viability. Detailed reviews of Member States’ practice in existing STZs and their tax regimes are thoroughly described so different variables can be compared. As a comprehensive description of the state of knowledge about STZs, including the relevant background and their current place in EU law, this book has no precedents and no peers. It allows practitioners, policymakers, and academics in tax law to fully understand the relationship between EU law, national legislation, and STZs, focusing on the possibility of reconciling the tax sovereignty of Member States with a supporting and coordinating role of the EU institutions. It will be warmly welcomed by the tax law community.
