Monthly Archives: July 2016

Book review: Global Tax Governance – What is wrong with it and how to fix it

One of the major 21st century challenges for politicians and polities at both the national, regional and international levels is the governance of ever-more global, mobile and flexible economic and financial flows. No more so than in the area of taxation, which looks likely to remain the last bastion of entrenched perceptions of national sovereignty, an undisputed cornerstone […]

My interview with TaxLinked on blacklists and Danish tax

TaxLinked, a relatively new and very interesting online community for tax professionals, publishes a weekly interview series with various people of the tax world. Previous interviews have featured Tax Notes’ Stuart Gibson on the Panama Papers, Texas A&M prof. William Byrnes on FATCA and TJN’s Alex Cobham on tax transparency, and many more fascinating talks. For this […]

We’re changing the equation of tax competition and corporate profit shifting

Within tax economics, one of the central arguments for tax competition and low(er) taxes on capital, including corporate profits, is that it leads to increased investment and growth (at least in some countries, mostly small open economies). Why? In short, we know that corporate tax rates and rate changes have behavioural effects. Capital income may […]

Technicised BEPS: How complexity shapes politics

On June 4, the OECD released public comments received on Action 15 of the OECD/G2o Base Erosion and Profit Shifting (BEPS) project, which concerns the development of a multilateral instrument for modifying bilateral tax treaties in order to implement treaty-related BEPS recommendations.

Catching Capital: Thoughts on Dietsch and tax competition

Globalisation and the intensified competition among firms in the global marketplace has had and continues to have many positive effects. However, the fact that tax competition may lead to the proliferation of harmful tax practices and the adverse consequences that result, as discussed here, shows that governments must take measures, including intensifying their international co-operation, to protect their tax bases […]

The bark IS the bite, but ..: Why tax haven blacklists are not the answer

The OECD has been working on criteria for a tax haven blacklist. At the request of the G20 Finance Ministers, this has been a work in progress since April of this year. And the results are set to be presented at the G20 finance minister’s meeting in China next month. This morning, the FT reports that […]