Does the Conclusion of a DTA Serve the Fiscal Interests of High Tax Jurisdictions?
MetadataShow full item record
This article examines whether the fiscal interests of high tax jurisdictions, considered in the context of both developed and developing nations, are promoted or, in the alternative, preserved when concluding double tax agreements (DTAs) with low tax jurisdictions or those with territorial tax bases. To resolve this position, the article considers the main tax fiscal and political drivers which motivate a jurisdiction to conclude a DTA. These drivers will then be contrasted with the specific tax policy objectives of high tax jurisdictions which forms the contextual framework for analysis. The central thesis of this article is that, regardless of the constitution of the high tax jurisdiction, the conclusion of a DTA with low tax or territorial counterparts broadly achieves an outcome contrary to the fiscal interests and objectives of the high tax jurisdiction, and often at the significant expense of the tax base.
Showing items related by title, author, creator and subject.
Arifin, Johan; Tower, Gregory; Porter, Stacey (2012)This study investigates the level of fiscal policy disclosure within financial statements of Indonesian local governments. Indonesia is a developing country that has recently undergone major state financial reform. ...
Faisal, F.; Tower, Greg; Rusmin, Rusmin (2012)Purpose: The purpose of this study is to explore explanation factors regarding labor communication practices by many of the world's large companies. Design/methodology/approach: The data collection focuses on the 2009 ...
Giles, M.; Paris, Lisa; Whale, J. (2016)Incarceration costs are high; in Australia, for example, each prisoner costs an average of AUD 115,000 per year. Other countries are also feeling the fiscal pinch of high incarceration costs, and a number of jurisdictions ...