Corporate taxation in the OECD in a wider context
Against the background of increased globalization statutory corporate tax rates have shown a clear downward trend over the last two decades. The sharp decline in these rates was accompanied by substantial tax base broadening and a comparable reduction in personal income tax rates only until the earl...
| 主要作者: | |
|---|---|
| 格式: | Journal article |
| 出版: |
2008
|
| _version_ | 1826306350159757312 |
|---|---|
| author | Loretz, S |
| author_facet | Loretz, S |
| author_sort | Loretz, S |
| collection | OXFORD |
| description | Against the background of increased globalization statutory corporate tax rates have shown a clear downward trend over the last two decades. The sharp decline in these rates was accompanied by substantial tax base broadening and a comparable reduction in personal income tax rates only until the early 1990s. This suggests that corporate tax competition is of increasing importance. So far corporate tax revenues remain fairly stable. But an analysis of corporate taxation in the context of the overall tax systems shows that a substantial shift towards value-added taxes has taken place. While the trends so far have been driven by smaller European countries, recent tax reforms indicate that increasing tax competition is inducing a shift towards consumption taxes even for larger economies. |
| first_indexed | 2024-03-07T06:46:37Z |
| format | Journal article |
| id | oxford-uuid:fb11cb3b-df8b-463b-a3e1-1610e6e65d27 |
| institution | University of Oxford |
| last_indexed | 2024-03-07T06:46:37Z |
| publishDate | 2008 |
| record_format | dspace |
| spelling | oxford-uuid:fb11cb3b-df8b-463b-a3e1-1610e6e65d272022-03-27T13:11:03ZCorporate taxation in the OECD in a wider context Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:fb11cb3b-df8b-463b-a3e1-1610e6e65d27Saïd Business School - Eureka2008Loretz, SAgainst the background of increased globalization statutory corporate tax rates have shown a clear downward trend over the last two decades. The sharp decline in these rates was accompanied by substantial tax base broadening and a comparable reduction in personal income tax rates only until the early 1990s. This suggests that corporate tax competition is of increasing importance. So far corporate tax revenues remain fairly stable. But an analysis of corporate taxation in the context of the overall tax systems shows that a substantial shift towards value-added taxes has taken place. While the trends so far have been driven by smaller European countries, recent tax reforms indicate that increasing tax competition is inducing a shift towards consumption taxes even for larger economies. |
| spellingShingle | Loretz, S Corporate taxation in the OECD in a wider context |
| title | Corporate taxation in the OECD in a wider context
|
| title_full | Corporate taxation in the OECD in a wider context
|
| title_fullStr | Corporate taxation in the OECD in a wider context
|
| title_full_unstemmed | Corporate taxation in the OECD in a wider context
|
| title_short | Corporate taxation in the OECD in a wider context
|
| title_sort | corporate taxation in the oecd in a wider context |
| work_keys_str_mv | AT loretzs corporatetaxationintheoecdinawidercontext |