The Impact of Globalization on Corporate Taxation: Evidence from The KOF Globalization Index
The increase in globalization has led to the redefinition of the tax policy perceptions of countries. The increase in globalization has also led to pressures on governments to revise their taxation policies in order to compensate for the potential risks that may arise. It is noteworthy that many cou...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Ekonomi ve Finansal Araştırmalar Derneği
2019-12-01
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| Series: | Ekonomi, Politika & Finans Araştırmaları Dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/922658 |
| _version_ | 1827572620925599744 |
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| author | Gamze Öz-yalaman Deniz Sevinç Güven Sevil |
| author_facet | Gamze Öz-yalaman Deniz Sevinç Güven Sevil |
| author_sort | Gamze Öz-yalaman |
| collection | DOAJ |
| description | The
increase in globalization has led to the redefinition of the tax policy
perceptions of countries. The increase in globalization has also led to
pressures on governments to revise their taxation policies in order to
compensate for the potential risks that may arise. It is noteworthy that many
countries around the world have reduced corporate tax rates in recent years.
Thus, this paper investigates the role of increasing globalization in this
process of decline. For this, the paper tests whether globalization has a
significant effect on corporate taxation by using a panel of 33 countries over
the period 1998-2016. The paper takes into account three main dimensions of
globalization: economic, trade and politics. Moreover, the paper uses the two
different measurements of globalization: de
facto and de jure. The empirical
results suggest a negative relationship between globalization and corporate
tax. The results are robust in terms of different dimensions and measurements
of globalization. It can be concluded that global integration does matter for
policymakers and increasing integration also influences independent national fiscal
and economic policies of countries. |
| first_indexed | 2024-03-07T19:06:27Z |
| format | Article |
| id | doaj.art-9377e85f74e949a986f8a7ae47ea6282 |
| institution | Directory Open Access Journal |
| issn | 2587-151X |
| language | English |
| last_indexed | 2024-03-07T19:06:27Z |
| publishDate | 2019-12-01 |
| publisher | Ekonomi ve Finansal Araştırmalar Derneği |
| record_format | Article |
| series | Ekonomi, Politika & Finans Araştırmaları Dergisi |
| spelling | doaj.art-9377e85f74e949a986f8a7ae47ea62822024-03-01T08:31:32ZengEkonomi ve Finansal Araştırmalar DerneğiEkonomi, Politika & Finans Araştırmaları Dergisi2587-151X2019-12-014335036910.30784/epfad.632288957The Impact of Globalization on Corporate Taxation: Evidence from The KOF Globalization IndexGamze Öz-yalaman0Deniz Sevinç1Güven Sevil2ESKİŞEHİR OSMANGAZİ ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, MALİYE BÖLÜMÜANADOLU ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİANADOLU ÜNİVERSİTESİ, AÇIKÖĞRETİM FAKÜLTESİThe increase in globalization has led to the redefinition of the tax policy perceptions of countries. The increase in globalization has also led to pressures on governments to revise their taxation policies in order to compensate for the potential risks that may arise. It is noteworthy that many countries around the world have reduced corporate tax rates in recent years. Thus, this paper investigates the role of increasing globalization in this process of decline. For this, the paper tests whether globalization has a significant effect on corporate taxation by using a panel of 33 countries over the period 1998-2016. The paper takes into account three main dimensions of globalization: economic, trade and politics. Moreover, the paper uses the two different measurements of globalization: de facto and de jure. The empirical results suggest a negative relationship between globalization and corporate tax. The results are robust in terms of different dimensions and measurements of globalization. It can be concluded that global integration does matter for policymakers and increasing integration also influences independent national fiscal and economic policies of countries.https://dergipark.org.tr/tr/download/article-file/922658globalizationcorporate tax ratepanel datakof globalization indexküreselleşmekurumlar vergi oranıpanel verikof küreselleşme endeksi |
| spellingShingle | Gamze Öz-yalaman Deniz Sevinç Güven Sevil The Impact of Globalization on Corporate Taxation: Evidence from The KOF Globalization Index Ekonomi, Politika & Finans Araştırmaları Dergisi globalization corporate tax rate panel data kof globalization index küreselleşme kurumlar vergi oranı panel veri kof küreselleşme endeksi |
| title | The Impact of Globalization on Corporate Taxation: Evidence from The KOF Globalization Index |
| title_full | The Impact of Globalization on Corporate Taxation: Evidence from The KOF Globalization Index |
| title_fullStr | The Impact of Globalization on Corporate Taxation: Evidence from The KOF Globalization Index |
| title_full_unstemmed | The Impact of Globalization on Corporate Taxation: Evidence from The KOF Globalization Index |
| title_short | The Impact of Globalization on Corporate Taxation: Evidence from The KOF Globalization Index |
| title_sort | impact of globalization on corporate taxation evidence from the kof globalization index |
| topic | globalization corporate tax rate panel data kof globalization index küreselleşme kurumlar vergi oranı panel veri kof küreselleşme endeksi |
| url | https://dergipark.org.tr/tr/download/article-file/922658 |
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