Taxing Profit in a Global Economy

This book examines fundamental issues of principle and practice in the taxation of international corporations. It analyses the economic and wider normative basis of the existing international tax system, and proposes potential reforms, including radical methods of allocating taxing rights based on residence, destination, and formula apportionment.

List of contents

• 1: Introduction


• 2: Key issues in taxing profit


• 3: The current international tax system


• 4: Fundamental reform options


• 5: Basic choices in considering reform


• 6: Residual profit allocation by income


• 7: Destination-based cash flow taxation

About the author

Michael P. Devereux is Director of the Oxford University Centre for Business Taxation, Professor of Business Taxation at the Saïd Business School, University of Oxford and Professorial Fellow at Oriel College, Oxford.

Alan J. Auerbach is Robert D. Burch Professor of Economics and Law, and Director of the Burch Center for Tax Policy and Public Finance at the University of California, Berkeley.

Michael Keen is Deputy Director of the Fiscal Affairs Department of the International Monetary Fund.

Paul Oosterhuis is Of Counsel, International Tax in the Washington, DC office of Skadden, Arps, Slate, Meagher & Flom.

Wolfgang Schön is the Managing Director of the Max Planck Institute for Tax Law and Public Finance in Munich and Honorary Professor at Munich University.

John Vella is Professor of Law at the University of Oxford, Assistant Director of the Oxford University Centre for Business Taxation, and a Fellow of Harris Manchester College, Oxford.

Summary

This book examines fundamental issues of principle and practice in the taxation of international corporations. It analyses the economic and wider normative basis of the existing international tax system, and proposes potential reforms, including radical methods of allocating taxing rights based on residence, destination, and formula apportionment.

Product details

• Authors: Alan J. Auerbach, Auerbach Alan J., Michael P. Devereux, Michael P. (Director of the Oxford Unive Devereux, Devereux Michael P., Michael Keen, Keen Michael, Paul Oosterhuis, Wolfgang Schön, John Vella, Vella John
• Publisher: Oxford University Press
• Languages: English
• Product format: Paperback / Softback
• Released: 21.01.2021
• EAN: 9780198808077
• ISBN: 978-0-19-880807-7
• No. of pages: 400
• Subjects: Guides > Law, job, finance > Taxes; Social sciences, law, business > Law > International law, foreign law; BUSINESS & ECONOMICS / Business Ethics, POLITICAL SCIENCE / Public Policy / Economic Policy, BUSINESS & ECONOMICS / Business Law, LAW / Taxation, BUSINESS & ECONOMICS / Taxation / Corporate, Taxation, Public finance and taxation, Private International Law & Conflict Of Laws, Corporate Tax, Corporate and business tax laws, Private international law and conflict of laws