 GLOBALIZATION, TAX POLICY AND TAX HAVENS. SOME CRITICAL CONSIDERATIONSNicoleta Mihä‚ilä‚,
Studii Financiare (Financial Studies), 2021, vol. 25, issue 4, 71-87 Abstract: The aim of the paper is to highlight, at a theoretical level, the effects of globalization on fiscal policy, as well as the issue of profit shifting at OECD level, given that, although substantial progress has been made internationally in multilateral fiscal coordination, it remains at a significant level, and the estimated loss of income for advanced economies reaches up to a third of the taxes collected. For developing countries, given their greater dependence on corporate taxes, the losses may be even higher. Therefore, measures are needed to reduce the tax revenues losses, namely excess profits taxes, the wealth taxes or the United Nation tax convention. The methodology was a descriptive one, using various bibliographic sources, mainly from foreign literature: scientific articles, relevant analysis and studies in the field of reference, legislation, official documents of various tax bodies. Keywords: taxation; profit shifting; international tax regulations; tax competition; corporations Pages: 71-87 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vls:finstu:v:25:y:2021:i:4:p:71-87 Access Statistics for this article More articles in Studii Financiare (Financial Studies) from Centre of Financial and Monetary Research "Victor Slavescu" Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.