The Resource Tax spillovers from U.S. corporate income tax reform

Tax spillovers from U.S. corporate income tax reform

Label
Tax spillovers from U.S. corporate income tax reform
Title
Tax spillovers from U.S. corporate income tax reform
Creator
Subject
Language
eng
Summary
This paper describes, and where possible tentatively quantifies, likely tax spillovers from the US corporate income tax reform that was part of the broader 2017 tax reform. It calculates effective tax rates under various assumptions, showing among other findings, how the interest limitation and the Foreign Derived Intangible Income (FDII) provision can raise or reduce rates. It tentatively estimates that under constant policies elsewhere, the rate cut will reduce tax revenue from multinationals in other countries by on average 1.6 to 4.5 percent. If other countries react in line with historical reaction functions, the revenue loss from multinationals rises to an average of 5.2 to 13.5 percent. The paper also discusses profit-shifting, real location, and policy reactions from the more complex features of the reform
http://library.link/vocab/creatorName
  • Beer, S
  • Klemm, A
  • Matheson, T
Geographic coverage
North America
Index
no index present
Language note
English
Literary form
non fiction
Series statement
IMF working paper
Series volume
WP/18/166
http://library.link/vocab/subjectName
  • tax reform
  • tax competition
  • corporate income tax
  • GILTI
  • effective tax rate
  • profit shifting
  • FDII
Label
Tax spillovers from U.S. corporate income tax reform
Instantiates
Publication
Extent
36 p.
Issn
1018-5941
Label
Tax spillovers from U.S. corporate income tax reform
Publication
Extent
36 p.
Issn
1018-5941

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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