International Tax competition after Global Financial Crisis

international tax competition;global financial crisis;327

국제대학원 국제학과 ;

University:서울대학교 국제대학원

关键词: international tax competition;    global financial crisis;    327;   

Others  :  http://s-space.snu.ac.kr/bitstream/10371/129089/1/000000136667.pdf

美国|英语

来源: Seoul National University Open Repository

【 摘 要 】

thus the overall effect on tax rates is positive but statically insignificant.Based on the panel date analysis main findings of the research are as follows. Contrary to the race-to-the-bottom theory, the international tax competition positively affects tax revenue level through two main channels: 1. Rebalancing the tax system (shifting focuses to the local factors, such as consumption), 2. Rebalancing tax structure (widening tax base). Widening tax base is believed to be a main factor contributing to maintaining tax revenue, however the effect of tax system rebalancing shall also be taken into consideration. In addition attracting mobile capital by reduction of tax rates lost its efficiency after crisis.