Becker, Johannes and Fuest, Clemens (2011) The taxation of foreign profits - the old view, the new view, and a pragmatic view. Centre for Business Taxation WP 11/04.
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In this short paper, we review the criticism of the standard view (the ‘old view’) of foreign profit taxation which goes back to Peggy Musgrave (née Richman, 1963). This ‘new view’ of international taxation is based on recent empirical studies and favours a system where foreign profits are exempt from tax. We critically discuss the debate between old view and new view proponents and, finally, confront the two with a ‘pragmatic view’ on foreign profit taxation which crucially builds on compliance and tax administration cost.
|Item Type:||Other Working Paper|
|Keywords:||Corporate Taxation, Multinational Firms, Repatriation|
|Centre:||Oxford University Centre for Business Taxation > CBT Working Papers|
|Date Deposited:||24 Apr 2012 16:22|
|Last Modified:||15 Oct 2015 02:18|
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