The taxation of foreign profits - the old view, the new view, and a pragmatic view

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 Working Paper.

WarningThere is a more recent version of this item available.
[img]
Preview
PDF
Download (272kB) | Preview

Abstract

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: 06 Dec 2018 15:50
URI: http://eureka.sbs.ox.ac.uk/id/eprint/3241

Available Versions of this Item

View statistics

Actions (login required)

Edit View Edit View